Series 7 - General Securities Representative Exam

Training Mode

What is the latest time that a member firm can send a notice of exercise for an options contract to the OCC?

No later than 4:30 p.m. Eastern time on the last business day before expiration
A
No later than 4:30 p.m. Central time on the last business day before expiration
B
No later than 4:00 p.m. Central time on the last business day before expiration
C
No later than 4:00 p.m. Eastern time on the last business day before expiration
D