Rule 424. Reports of Options

This rule is no longer applicable effective February 17, 2009.

Each member and member organization shall report to the Exchange such information as may be required with respect to any substantial option relating to listed securities in which such member, member organization or principal executive therein is directly or indirectly interested or of which such member, member organization or principal executive has knowledge by reason of transactions executed by or through such member or organization.

The Exchange may disapprove of the connection of any member, member organization or principal executive therein with any such option which it shall determine to be contrary to the best interest or welfare of the Exchange or to be likely to create prices which will not fairly reflect market values.