{"data":{"id":"us/17-cfr-240.12a-9","jurisdiction":"us","citation":"17 CFR 240.12a-9","heading":"a-9 Exemption of standardized options from section 12(a) of the Act.","body":"The provisions of section 12(a) of the Act (15 U.S.C. 78l(a)) do not apply in respect of any standardized option, as defined by section 240.9b-1(a)(4), issued by a clearing agency registered under section 17A of the Act (15 U.S.C. 78q-1) and traded on a national securities exchange registered pursuant to section 6(a) of the Act (15 U.S.C. 78f(a)).","path":["Title 17—Commodity and Securities Exchanges","CHAPTER II—SECURITIES AND EXCHANGE COMMISSION","PART 240—GENERAL RULES AND REGULATIONS, SECURITIES EXCHANGE ACT OF 1934","Subpart A—Rules and Regulations Under the Securities Exchange Act of 1934"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-17.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:31Z","sha256":"083c97c632c818f2f76b7822afa86b43dd263baf4b5e06fda51db479912ab518","source_id":"us-cfr","stale":true,"prev":"us/17-cfr-240.12a-8","next":"us/17-cfr-240.12a-10"},"notice":"GroundRules: Original legal text. Not legal advice."}