Regulations Governing the Issuance of Call (Put) Warrants by Issuers Article 2

The issuance of call (put) warrants, except for where otherwise provided for by law or regulation, shall be governed by these Regulations.The term "call (put) warrant" as used in these Regulations means a security which is issued by a third party other than the company issuing the underlying security, and which represents that the holder is entitled to buy from or sell to such third party the underlying security at the exercise price during the option period or on a specified maturity date, or to collect a spread by settlement in cash.