CBOE launches contracts on gold and silver ETFs

08 Dec 2008

The Chicago Board Options Exchange is to list options on two new precious metal exchange traded funds. Options on iShares’ Comex Gold and Silver Trusts started trading on Monday December 8, after receiving approval from the Securities and Exchange Commission.

The ETFs reflect the performance of price of, respectively,...

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“At our current funding level, the Commission is under serious strain. We lack the staff and resources necessary to both implement Dodd-Frank and continue to fulfil our pre-Dodd-Frank duties under the Commodity Exchange Act. Without additional funding, the strain will only become worse in July, when much of Dodd-Frank goes into effect.”

The CFTC's Michael Dunn pleads for Congressional support over the regulator's budget.

CBOE launches contracts on gold and silver ETFs

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