OCC and CBOE welcomed amendment announced by US Department of Labour
US options markets the Options Clearing
Corporation (OCC) and the Chicago Board Options Exchange have
welcomed a move by the US Department of Labour to amend a plan
that could have seen options banned from retirement funds.
The Department of Labour (DOL) released on
Wednesday the final version of a fiduciary rule, dropping a
controversial clause that defined 'fiduciary’ in
such a way that it could have limited the use of options in
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