Sec. 02.02.04.07. Designated Clearing Agency Exemption

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A. The Options Clearing Corporation (OCC) shall be designated as a "clearing agency" for purposes of the Maryland Securities Act, Corporations and Associations Article, §11-601(13), Annotated Code of Maryland.

B. This designation may be revoked if the Commissioner finds that this action is advisable for the protection of investors or in the public interest.

                    
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