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U.S. Securities Markets Coalition Opposes
MODA 2021

The U.S. Securities Markets Coalition educates and advocates on public policy issues relevant to the U.S. listed options industry.

MODA 2021 Unfairly
Harms Investors

The Modernization of Derivatives (MODA) Tax Act would require investors to annually pay tax on their unrealized gains or deduct their losses, putting an undue burden on investors.

This web site discusses exchange-traded options issued by The Options Clearing Corporation. No statement in this web site is to be construed as an endorsement, recommendation or solicitation to purchase or sell a security, or to provide investment advice. Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of the disclosure document, Characteristics and Risks of Standardized Options. Individuals should not enter into option transactions until they have read and understood this document. To obtain copies, contact your broker, any exchange on which options are traded, or The Options Clearing Corporation, 125 S. Franklin Street, Suite 1200, Chicago, IL 60606 ([email protected]).