SPDR Gold Trust amends agreements for shorter T+1 settlement cycle effective May 28, 2024
SPDR Gold Trust (GLD) amended its trust indenture and bullion account and participant agreements, effective May 28, 2024, to match the SEC's move to a one-business-day settlement cycle (T+1) for most broker-dealer securities transactions. The changes cover how authorized participants create and redeem shares, and the filing is administrative in nature.
Key points
- SEC adopted rules on February 15, 2023 to move standard settlement from T+2 to T+1, effective May 28, 2024.
- Amendments to the Trust Indenture, HSBC allocated and unallocated bullion account agreements, and participant agreements took effect May 28, 2024.
- Updated agreements include Amendment No. 10 to the Trust Indenture and Amendment No. 7 to the Participant Agreements, filed as exhibits.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 29, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.