Tuesday, March 21, 2006

This just in ...


Another step forward for silver ETF
SEC approves rule change
Silver rallies on speculation

By John Spence
CBSMarketWatch
Tuesday, March 21, 2006

BOSTON -- A controversial exchange-traded fund tied to silver prices moved a step closer to reality Tuesday. The Securities and Exchange Commission has approved a rule change for a silver ETF in registration from Barclays Global Investors that would allow the product to list on the American Stock Exchange, although the fund has not yet been cleared to launch by regulators.

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