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OIC Introduces Updated Taxes And Investing Pamphlet For Investors

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Chicago - March 10, 2009

The Options Industry Council (OIC) announced that the Taxes and Investing pamphlet for investors has been updated for 2009 and is now available for download at http://www.optionseducation.org/resources/literature/files/taxes_and_investing.pdf. The 2009 edition reflects the present Federal Income Tax laws regarding options investment.

Just in time for tax season, the Taxes and Investing pamphlet summarizes the basic rules governing the federal income taxation of certain investments by individuals who are citizens or residents of the United States and who dispose of an investment in a taxable transaction. This booklet is revised annually by OIC to incorporate new federal income tax legislation.

This new edition of Tax and Investing includes the developments up until December 2008. New sections highlighted in the 2009 version include: the Physical Settlement Rule, Qualified Covered Call, Exchange-Traded Notes and Similar Hybrid Instruments, and Futures Contracts on Individual Stocks.

About OIC
OIC is an industry cooperative funded by the Boston Options Exchange, Chicago Board Options Exchange, International Securities Exchange, NASDAQ OMX PHLX, NASDAQ Options Market, NYSE Amex Options, NYSE Arca Options, and The Options Clearing Corporation. OIC was formed in 1992 to educate investors and their financial advisors about the benefits and risks of exchange-traded equity options. OIC's resources include: The Options Industry Services Help Desk at 1-888-OPTIONS, educational Web sites at www.optionseducation.org and www.OICoptions.com, evening seminars throughout the continental United States and Canada, instructional DVDs and educational literature and software.

Press Contacts:

Jim Binder
312-322-9853
jbinder@theocc.com
Angela Kotso
312-322-6267
akotso@theocc.com