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SR-NASD-2005-040

Proposed Rule Change to Amend Rule 2860

NASD has filed with the Securities and Exchange Commission ("SEC" or "Commission") a proposed rule change to amend Rule 2860 to increase certain options position limits for a pilot period and to expand the available equity option hedge exemptions to include "reverse collars." 

Title Format - Size Status
Text of Proposed Rule Change PDF - 82.5 KB
Notice of Filing and Immediate Effectiveness PDF - 59.87 KB