Six More ETP Closures For 2012

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...

EMER Becomes 96th ETP Closure of 2012

As reported in November ETF Stats, December 18 was the last day of trading for the IQ Emerging Markets Mid Cap ETF (EMER).  Anyone still owning EMER will have their shares automatically redeemed on December 28, 2012.  According to the press release, IndexIQ will...