MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, February 14, 2013 Another Headache Emerges for Copper ETF J.P. Morgan’s proposed copper ETF has been hit with another legal obstacle, reports Barron’s. According to the publication, ”Southwire Co., the largest U.S. producer of copper wire, and Encore Wire (WIRE), another wire firm, launched a legal challenge to the creation of JPMorgan Chase’s (JPM) copper ETF, citing worries over 'an investor-financed squeeze of the market,' reports the Wall Street Journal’s Matt Day. The effort specifically asks for a review of regulators’ decision in December to approve the JPM XF Physical Copper Trust ETF." Read more about the latest headache in Barron’s. Printed from: MFWire.com/story.asp?s=42996 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |