Series 7 Exam Question 368: Answer and Explanation

Question: 368

Which of the following is the issuer and guarantor of all listed options?

• A. The OCC
• B. The OAA
• C. The ODD
• D. The CBOE

Correct Answer: A

Explanation:

A. The OCC (Options Clearing Corporation) is the issuer and guarantor of all listed options. The OCC determines which options will be traded and guarantees that option holders can always exercise their options.