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What happens if ETF Securities becomes insolvent?

April 26, 2017ETF happens insolvent securities

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What happens if ETF Securities becomes insolvent?

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In the event that ETF Securities were to become insolvent, the Trustee and an Administrator would take control of the allocated metal in the Trust Accounts which should have no effect on the value of the Trust(s) since the issuer (Trust) is an independent entity from ETF Securities.