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SEC dismisses copper manufacturers' complaints against JPMorgan ETF

Cecilia Jamasmie | April 01, 2013 | 1:47 pm Base Metals Europe Copper 

The U.S. Securities and Exchange Commission (SEC) has restated that JPMorgan Chase & Co's planned exchange traded fund backed by physical copper will not distort supply or prices of the red metal, as users claim. Commodity buyers fear the fund...

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