Final Rule on Options use in IRAs
On April 6, 2016 the U.S. Department of Labor issued final rules surrounding the fiduciary standard. In its original format, the proposal would have prohibited the use of listed options by self-directed individual investors in their IRA accounts. Through the efforts of OCC and the U.S. Securities Markets Coalition and concerned market participants such as you, the final rules omitted the exempted asset list. This means that options and other asset classes can continue to be used in self-directed IRA accounts. OCC's official announcement on the final rules can be found here.
Updates from Congress about legislative changes that effect the options industry.
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