CBOE Rules

Question 1

How does the CBOE define advertising?

Answer 1

Material to be seen by the public

Question 2

How does the CBOE define Sales Literature?

Answer 2

Material directed to a specific audience:

• performance reports
• analyses
• projections
• recommendations
• options worksheets
• options seminars texts/slides

Question 3

What options documents do NOT require ROP approval?

Answer 3

• ODD (prepared by the OCC)

- Completed options worksheets

Question 4

What is a completed options worksheet?

Answer 4

A form that the RR mails to the customer showing the customer projected results from options strategies that are being used

Question 5

What options worksheet DOES require ROP approval?

Answer 5

A blank options worksheet

Question 6

How long does Retail communication have to be filed with the exchange?

Answer 6

The retail communication must be filed with the exchange 10 days in ADVANCE and must get approvals from the exchange

Question 7

Can Options Communications show past and projected performances?

Answer 7

As long as these are accompanied by the latest ODD, then yes

Question 8

How must past performance be submitted in an options communication?

Answer 8

In a “balanced” manner, covering a 12 month period