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LICENSE No. RUSSIA-EO14024-2022-983909-4
RUSSIAN HARMFUL FOREIGN ACTIVITIES SANCTIONS REGULATIONS
LICENSE AMENDMENT
(Issued under the authority of one or more of 50 U.S.C. §§ 1601-51, 1701-06, Executive Orders 14024, 14039, 14066, 14068, and 14071 and 31 C.F.R. Parts 501 and 587.)
To: Options Clearing Corporation
[ ]
1501 K Street NW
Washington, DC, 20005
Attn: [ ]
1. Based upon the request dated October 5, 2022, and additional correspondence dated January 13, 2023, January 25, 2023, February 6, 2023, February 17, 2023, and April 25, 2023, on behalf of Options Clearing Corporation, and information otherwise available to the Office of Foreign Assets Control (the "Application"), the transactions described herein are hereby authorized. This License supersedes License No. RUSSIA-EO14024-2022-983909-3 in all respects.
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1) Read in conjunction with License No. RUSSIA-EO14024-2022-983909-1; License No. RUSSIA-EO14024-2022-983909-2, the first two iterations of this license. Those two licenses have an authorization that is identical to this one, with the exception of the additions in bold:
SECTION 1 - AUTHORIZATION: Subject to the limitations and conditions herein, Options Clearing Corporation ("OCC") and all other U.S. persons (collectively, the "Licensees") are hereby authorized to engage in all transactions prohibited by section (1)(a)(i) of Executive Order 14071 that are ordinarily incident and necessary to the wind down of financial contracts or other agreements that were entered into on or before June 6, 2022 and involve, or are linked to, debt or equity issued by an entity in the Russian Federation, as described in the Application. Authorized transactions include: (1) the purchase by U.S. persons of debt or equity issued by...