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Status quo, The CBOE is trying to get an automatic waiver approval (S56 only) from the SEC for those holding the S7. They should begin processing waivers mid-next week.

This is just wishful thinking. The regulatory bulletin specifically states that you MUST register AND pass the appropriate exam(s). It may change, but right now any discussion to the contrary is speculation.

Actually, they changed their name to Quasar Trading