§ 33.1. Definitions.
137 words·~1 min read·
/us/cfr/t17/s§ 33.1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
As used in this part:
(a)Purchase price means the total amount paid or to be paid, directly or indirectly, by a person to acquire a commodity option.
(b)Promotional material includes:
(1)Any text of a standardized oral presentation, or any communication for publication in any newspaper, magazine or similar medium, or for broadcast over television, radio, or other electronic medium, which is disseminated or directed to an option customer or prospective option customer concerning a commodity option transaction;
(2)any standardized form of report, letter, circular, memorandum, or publication which is disseminated or directed to an option customer or prospective option customer; and
(3)any other written material disseminated or directed to an option customer or prospective option customer for the purpose of soliciting an option transaction, including any disclosure statement required by § 33.7.