
Proposed Rule Change to Provide Relief Specified Option Transactions under Rule 4210 (Margin Requirements). Introduces a new exception for CME's "protected option" strategy, which applies to short option positions based on the same index option
https://public-inspection.federalregister.gov/2023-15266.pdf
* FINRA is proposing to amend FINRA Rule 4210 (Margin Requirements) to provide margin relief for specified index option transactions, known as “protected options,” and to make other minor conforming revisions with regard to the margin relief.
Wut mean?:
* The SEC has approved a proposed