SR-NASD-1998-078

Options Position Limits Hedge Exemption Pilot Program

NASDR has filed with the SEC a proposed rule change to amend Rule 2860(b)(3)(A)(vii) of the NASD to make permanent the Association's Equity Option Hedge Exemption, which has been operating as a pilot program since 1990.

TitleFormat - SizeStatus
Text of Proposed Rule ChangePDF - 33.2 KB
Federal Register NoticePDF - 27.71 KB
Approval OrderPDF - 22.1 KB