Consultant Introduces Service for Stock Comp
Plans
October 29, 2009 (PLANSPONSOR.com) - In response to
the recent SEC Release No. 34-60126 allowing the use of
vested stock options as collateral against the sale of
covered calls, CME Stock/Option Consulting Services, Inc. has
introduced a form of investment club focused on the tax,
regulatory, and investment effects of employer compensation
and benefits programs.
An announcement said VERITAS (Voluntary Employee
Retirement, Investment and Tax Association) provides tax,
regulatory, and investment support services to employee
groups including planning protocols where covered calls and
married puts are utilized against employee stock/option
positions.
CME is a fee-based provider of services exclusively and
holds no insurance or investment licenses of any kind, nor
does it act in the capacity of investment adviser,
registered or otherwise, the announcement said.
For more information, contact Timothy R. Wing,
President and CEO of CME, at 630-562-0239 or via email at
stockoptionguy@aol.com
.
Rebecca Moore
editors@plansponsor.com