The document discusses the authority of the OCC and options markets to restrict the exercise of options under certain circumstances, such as trading halts or insufficient supply of underlying securities. It outlines the conditions under which these restrictions can be imposed and the potential consequences for option holders, including the risk of losing their entire investment if restrictions remain until expiration.
documents/vol00010-efta01353452-pdf.pdf
{"document_type":"legal","key_organizations":["OCC","SEC"]}