Here's your summary from Sifma CEO Bentsen on Wall Street's Return to T+1 (https://www.youtube.com/watch?v=8qFoG0FQrU4) on the Bloomberg Television channel:

**TLDR:** The video discusses the transition of Wall Street to T+1 settlement, highlighting the industry's efforts to mitigate risks and ensure a smooth transition.

1. The industry has been working on transitioning to T+1 settlement for almost four years, with recent efforts culminating in a weekend command post setup to oversee the transition.

2. The transition to T+1 settlement involves coordination with various industry counterparts, service providers, and international markets like Canada, Mexico, Argentina, Jamaica, and Peru.

3. While concerns about potential failed trades during the transition exist, the industry has made provisions to address any issues that may arise, with a focus on ensuring a seamless transition to T+1 settlement.

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