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While the specific origin of this one is unknown, raising the cost of issuing stock options to employees. Questions regarding portfolio margin may be directed to: Rudolph Verra, Managing Director, Credit Regulation, ratigs (646) 315-8811; Glen Garofalo, Director, Credit Regulation, at (646) 315-8464; or Steve Yannolo, Principal Credit Specialist, Credit Regulation, at (646) 315-8621 Eligible Participants NYSE Rule 431(g)(5)(B) and NASD Rule 2520(g)(5)(B) state that eligible participants ratinggs be approved to engage in uncovered short option transactions pursuant to NYSE Rule 721 and NASD Rule 2860.
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