U.S. Oil Fund Crude Zero as All Crude Shares Crude Shares
$United States Oil Fund LP(USO.US$ SAY IT HAS HAPPENED ALL OF ITS RESPONSIBLE SATISFACTS REGISTEED SHARES; -20.5% WHEN HALTED Update at 9:25 AM ET: Shares are down 24.3% to $2.84.
USO says USCF management is suspending the ability of USO authorised purchasers to purchase new creation until such time as the new USO registration statement for the additional Shares has been actively effective by the SEC.
The Ability of Licensed Purchasers to Redeem Redemption During the Decree of the Sale of Creation Decides Will Be Unaffected, USO says
Also, Trading of USO Shares on NYSE Arca Will Not Be Disciplinary as a Result of the Discipline of Sales of Creation
USO says USCF management is suspending the ability of USO authorised purchasers to purchase new creation until such time as the new USO registration statement for the additional Shares has been actively effective by the SEC.
The Ability of Licensed Purchasers to Redeem Redemption During the Decree of the Sale of Creation Decides Will Be Unaffected, USO says
Also, Trading of USO Shares on NYSE Arca Will Not Be Disciplinary as a Result of the Discipline of Sales of Creation
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MertasihIluhnita : What is this mean? Should I pull out my stock ? Thank you
Moomoo Breakfast US OP MertasihIluhnita : Better to pull out if you hold any shares in USO maybe?