Six more exchange traded product (“ETP”) delistings are scheduled to occur before the end of the year. The closures include two ETFs from Guggenheim and four VelocityShares ETNs issued by Credit Suisse.
There is always the possibility of some additional last-minute closures, but as it stands now, 2012 will likely see 102 ETP closures and become the first year the death toll reaches triple digits.
Anticipated closures … [visit site to read more]
Similar posts: