ProShares has announced that it received a communication from BATS Exchange regarding the listing of ProShares CDS North American HY Credit ETF (TYTE).…
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On October 12, 2015, ProShares received a notification indicating that TYTE did not meet the beneficial holders requirements and that BATS will consider suspending the fund from trading or delisting the fund. ProShares intends to file a plan for compliance on behalf of TYTE with the exchange.
If the plan is approved, TYTE will have up to 180 calendar days from approval to comply with the beneficial holders requirement.
If the plan is not approved, the exchange will take further action, which could include delisting TYTE.
Source: ETFWorld.com
WMCR
Wilshire Micro-Cap ETF (based on the Wilshire US Micro-Cap Index)
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