Natural Gas ETF Gets Go-Ahead For New Shares, But Will They Use Them?
Posted on August 14, 2009 at 07:00 AM EDT
United States Natural Gas (UNG) exchange traded fund (ETF) has gotten the long-awaited approval to issue new shares, but the providers behind it have decided they won’t do so. After a controversial round with the Commodity Futures Trading Commission (CFTC), the ETF that tracks natural gas futures finally has been granted clearance to ...