gold

SEC, CFTC Approve Trading of Futures and Option Contracts on Gold ETF

First Results of March 2008 SEC-CFTC Memorandum of Understanding

Washington, D.C., June 3, 2008 — The Securities and Exchange Commission and the Commodity Futures Trading Commission (CFTC) today announced that each has approved the trading and clearing of two novel derivative products — futures and option contracts based on shares of the SPDR® Gold Trust (Gold Trust), an exchange traded fund (ETF). The SEC approved trading in options on the Gold Trust shares and the CFTC approved trading in futures on them.    » read more »

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