Silver

CFTC issues exemption for ETFS Swiss gold and silver shares

The Commodity Futures Trading Commission has issued an exemption permitting options and futures on each of ETFS Physical Swiss Gold Shares and ETFS Physical Silver Shares to be traded and cleared as options on securities and security futures, respectively.

This exemption follows similar exemptions granted with respect to gold and silver ETF products issued by SPDR and iShares.

After granting the exemption, the CFTC approved a rule amendment submitted for approval by the Options Clearing Corporation permitting such options and futures to be cleared as options on securities and security futures, respectively.




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