The exchanges don't want (or pretend to ignore) the Know Your Customer (KYC) rules, which your brokerage does not.
So your brokerage is fine sending you the funds immediately. They also are fine with the audits, etc that are required to prove that they're not playing sillybuggers with your stocks or funds.
So your brokerage is fine sending you the funds immediately. They also are fine with the audits, etc that are required to prove that they're not playing sillybuggers with your stocks or funds.