Legal Opinion

Opinion No. (1992)

Oklahoma Attorney General Reports

Decided July 14, 1992Published

1Opinion of the Court

Dear Executive Director, Privett

¶ 0 The Attorney General has received your letter asking for an official opinion addressing, in effect, the following question:

May the Oklahoma Public Employees Retirement System writeexchange-traded call options on equity securities, debtsecurities and indexes?

I

¶ 1 Options contracts have historically been private transactions in which individual parties negotiated specific terms of agreement. See J. Walmsley, The New FinancialInstruments (1988); Johnson, "Is It Better to Go Naked on the Street? A Primer on the Options Market," 55 Notre Dame Law. 7 (1979). See,…

2Cases cited16 opinions

  1. Ronald Fink v. National Savings and Trust CompanyCourt of Appeals for the D.C. Circuit · 1985
  2. Donovan v. MazzolaCourt of Appeals for the Ninth Circuit · 1983
  3. In re the Accounting of the Bank of New YorkNew York Court of Appeals · 1974
  4. Neal v. DonahueSupreme Court of Oklahoma · 1980
  5. Robert M. Deutschman v. Beneficial Corp., Finn M.W. Caspersen, Andrew C. Halvorsen. (d.c. Civil No. 86- 00595)Court of Appeals for the Third Circuit · 1988

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