TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE
SUBCHAPTER j: INVESTMENTS OF DOMESTIC COMPANIES
PART 806 DERIVATIVE INSTRUMENTS
SECTION 806.60 TRADING REQUIREMENTS


 

Section 806.60  Trading Requirements

 

Each derivative instrument shall be:

 

a)         Traded on a qualified exchange;

 

b)         Entered into with, or guaranteed by, a business entity;

 

c)         Issued or written by, or entered into with, the issuer of the underlying interest on which the derivative instrument is based; or

 

d)         Entered into with a qualified foreign exchange.