News
Creations In UNL & DNO Resume
January 17, 2013
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Creations in the United States 12 Month Natural Gas Fund (NYSEArca: UNL) and the United States Short Oil Fund (NYSEArca: DNO) resumed today after having been halted since Jan. 10 due to a regulatory hurdle. The updated registration statements United States Commodity Funds had to file for both funds in order to comply with a regulatory requirement were declared effective by the Securities and Exchange Commission today, the company said. Trading and creations were halted on both funds on Jan. 10 following the filing of the updated statements, with trading resuming that same day, but creations remained halted until the SEC rubber-stamped the paperwork. The New York Stock Exchange again halted trade in the two ETFs this morning for news pending, and resumed trade at 11:25 a.m. Eastern time. The ETF provider said this regulatory requirement applies at least once every three years, and it’s normal procedure for funds such as UNL and DNO. The new filings registered just over 8.9 million shares of DNO and 32.9 million shares of UNL. UNL had about $43 million in assets and DNO had $13.2 million.
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New Economic-Exposure Indexes Look Sweet
Investors long wanting emerging markets exposure who have been wary of investing in local shares might have new options in the near future.The Global Bond ETF Search: Part 1
To go truly global in the world of bond ETFs, for now, takes some creativity and a fair amount of patience.For Bernanke Skeptics: A Sound Money ETF
As balanced budgets and stable money supplies are tossed to the wind, consider FORX.
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