SEC No-Action Letter: Chicago Board Options Exchange, Inc. and Financial Industry Regulatory Authority, Inc.

Permitting broker-dealers to take account of security futures contracts as offsets to the exposure on equity options for purposes of determining capital charges pursuant to Appendix A of Rule 15c3-1.

SEC No-Action LetterDate of letter: 05/04/2012 This rule is discussed in Lofchie's Guide to BD Regulation, Capital Requirements.