Commodity Futures Trading Commission Exempts Trading and Clearing of Certain Gold and Silver Products

Summary

The Commodity Futures Trading Commission (CFTC) has proposed an exemption to allow the trading and clearing of certain gold and silver products, including iShares COMEX Gold Trust Shares and iShares Silver Trust Shares, on national securities exchanges and designated contract markets, with the clearing to be handled by the Options Clearing Corporation (OCC).