The Chicago Board Options Exchange (CBOE) issued a Regulatory Circular reminding Trading Permit Holders (TPH) that CBOE Rule 4.9 requires every TPH to notify the CBOE in writing of any disciplinary action taken by other organizations against the TPH or its associated persons, or any internal disciplinary action (e.g., suspension or termination) taken by a TPH against an associated person. The Regulatory Circular clarifies that, even if a disciplinary action or internal disciplinary action is not eligible for inclusion on an amended Form BD, U4 or U5 filing, the TPH must notify the CBOE’s Division of Regulatory Services directly.

Click here for the Regulatory Circular.