Alliance for Investor Education President Dallas Salisbury, who also serves as president and CEO of the Employee Benefit Research Institute (EBRI) and chairman of the American Savings Education Council (ASEC), said in a statement announcing the new member, "We're happy to welcome the Options Industry Council into the membership of the Alliance. We look forward to their contributions to the Alliance, which will work towards furthering the dialogue about investor education in the United States. The education they provide in the form of online classes, seminars, Webcasts and an extensive library of printed materials helps the investing public understand the benefits and risks of exchange-traded equity options."
The Options Industry Council (OIC) was created in 1992 as an industry cooperative to increase the understanding of exchange-listed options and promote their responsible use among individual investors, their financial advisors and institutional investors. OIC offerings include live seminars, a comprehensive Web site with trading tools and online classes, newsletters and brochures and a free Help Desk staffed by options professionals.