Final answer:
The statement about rights and warrants not being considered in position limits is generally false. Position limits apply to derivative positions, and rights and warrants can influence these limits depending on the rules of the relevant exchange or regulatory body.
Step-by-step explanation:
True or false, Rights and warrants are not considered in position limits: This statement is generally false. Position limits are restrictions imposed on the number of contracts or derivative positions, like options, that an investor can hold. In the context of options trading, rights and warrants can be considered when calculating position limits because they can give the holder the potential to own a substantial number of the underlying shares. However, specific rules may vary between different exchanges and regulators. For instance, the SEC or CFTC might have different requirements for position limits compared to individual exchanges like the New York Stock Exchange (NYSE) or the Chicago Board Options Exchange (CBOE). It is important for traders and investors to be aware of the position limits set by the regulatory body overseeing the particular securities they are trading.