Is there some reason UUP is halted?
- Thread starter Darshan
- Start date
Had been halted pending this news:
http://finance.yahoo.com/news/DB-Co...&.pf=personal-finance&mod=pf-personal-finance
Press Release Source: Deutsche Bank On Friday December 18, 2009, 10:05 am EST
NEW YORK--(BUSINESS WIRE)--DB Commodity Services LLC today announced that new creations of the PowerShares DB US Dollar Index Bullish Fund (NYSE Arca: UUP) are temporarily suspended pending clearance and declaration of effectiveness of a registration statement for 240,000,000 additional shares by the US Securities and Exchange Commission, the Financial Industry Regulatory Authority and the National Futures Association. To manage exceptional investor demand for UUP, DB Commodity Services filed a registration statement for additional shares on Dec. 8, 2009.
Additional information is contained in two related 8K filings which are available at: www.sec.gov. DB Commodity Services LLC will issue an additional 8K once the registration statement has been declared effective by the SEC.
http://finance.yahoo.com/news/DB-Co...&.pf=personal-finance&mod=pf-personal-finance
Press Release Source: Deutsche Bank On Friday December 18, 2009, 10:05 am EST
NEW YORK--(BUSINESS WIRE)--DB Commodity Services LLC today announced that new creations of the PowerShares DB US Dollar Index Bullish Fund (NYSE Arca: UUP) are temporarily suspended pending clearance and declaration of effectiveness of a registration statement for 240,000,000 additional shares by the US Securities and Exchange Commission, the Financial Industry Regulatory Authority and the National Futures Association. To manage exceptional investor demand for UUP, DB Commodity Services filed a registration statement for additional shares on Dec. 8, 2009.
Additional information is contained in two related 8K filings which are available at: www.sec.gov. DB Commodity Services LLC will issue an additional 8K once the registration statement has been declared effective by the SEC.