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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.

Title Format - Size Status
Text of Proposed Rule Change PDF - 33.2 KB
Federal Register Notice PDF - 27.71 KB
Approval Order PDF - 22.1 KB