US exchanges calling for planned rules to be changed to include options
The chief exec of US options giant the
International Securities Exchange will tell the US government
on Thursday its plan to change US trading rules will have a
"very unfortunate outcome" if it is not amended to include
Gary Katz, speaking on behalf of the many
US options exchanges, will tell the US Department of Labour in
an open hearing in Washington its plan to exempt options from a
new definition of the assets that can be traded by
pension-holders will hurt investors.
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