ARTICLE
6 September 2018

FINRA Proposes To Increase Position Limits For OTC Options On Certain ETFs

CW
Cadwalader, Wickersham & Taft LLP

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Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
FINRA proposed to amend FINRA Rule 2360 to double the position limits for over-the-counter ("OTC") options on certain liquid exchange-traded funds ("ETFs") ...
United States Finance and Banking

FINRA proposed to amend FINRA Rule 2360 to double the position limits for over-the-counter ("OTC") options on certain liquid exchange-traded funds ("ETFs") in line with the equivalent position limits for exchange-traded options on these ETFs. Subject to SEC approval, the increased positions limits will immediately go into effect.

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