Regulations last checked for updates: May 02, 2024

Title 17 - Commodity and Securities Exchanges last revised: Apr 29, 2024
§ 240.16c-4 - Derivative securities.

Establishing or increasing a put equivalent position shall be exempt from section 16(c) of the Act, so long as the amount of securities underlying the put equivalent position does not exceed the amount of underlying securities otherwise owned.

cite as: 17 CFR 240.16c-4