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A Dealer Member that allows trading in options must appoint a designated Supervisor to supervise its options activity.
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The designated Supervisor must have the qualifications and experience required to supervise the Dealer Member’s options activity.
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The Dealer Member must appoint one or more alternate Supervisors if necessary to ensure continuous supervision of its options activity.
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An alternate Supervisor must assume all or part of the designated Supervisor’s responsibilities if:
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the designated Supervisor is absent or unable to carry out their duties, or
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a Dealer Member’s trading activity requires additional qualified individuals to supervise the Dealer Member's option contract business.
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There is no history log for this rule.
There is no history log for this rule.