Opponents denied meeting on physical copper ETFs: SEC

Dec 10, 2012 | 01:10 PM | Andrea Hotter

Tags  exchange-traded funds, ETFs, copper, copper ETFs, JPMorgan, BlackRock, Securities and Exchange Commission, Southwire Encore Wire

NEW YORK — Market participants opposed to the launch of physical copper exchange-traded funds (ETFs) have been denied a request to present their views orally to the U.S. Securities and Exchange Commission, the SEC said.

With a decision imminent on whether to approve the physical copper ETFs proposed by subsidiaries of JPMorgan Chase & Co. and BlackRock Inc., both of New York, the SEC said that oral presentations of the opponents’ views wouldn’t help them....

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