The document outlines amendments to the procedures for exercise settlement of index options in cases of delays or foreign governmental restrictions. It specifies that exercise settlement will be postponed if the exercise settlement amount per contract is less than $1.00. It also details OCC's authority to impose special exercise settlement procedures in certain circumstances, such as foreign governmental restrictions or insufficient supply of an underlying security.
documents/vol00010-efta01353484-pdf.pdf
{"document_type":"legal","document_subtype":"amendment","key_organizations":["OCC"]}