FINRA Rule Change to Rule 2360 Regarding Position Limits on Certain Index Options

FINRA filed an immediately effective rule amending FINRA Rule 2360 ("Options"). The rule amendment has the effect of increasing the position limit for standardized options on iShares MSCI Emerging Markets Index Fund ("EEM") to 500,000 contracts and likewise increases the position limit for conventional options on EEM to 500,000 contracts.

See: Text of Rule Change.