OCC Proposed Rule Change to Accommodate the Clearance of Relative Performance Options

SEC Release 34-63811

February 1, 2011

The SEC published for comment a proposal by the Options Clearing Corporation (OCC) to accommodate the clearance of options on certain indexes measuring the "relative performance of one reference security or reference index relative to a second reference security or reference index." The proposal relates to a proposal by NASDAQ OMX PHLX to list and trade a set of options on certain indexes calculated based on two ETFs or other reference securities underlying options.

Cross References

SR-OCC-2011-02