Creations In UNL & DNO Resume

January 17, 2013

A regulatory bump in the road is now history for the energy ETFs ‘UNL’ and ‘DNO.’


Creations in the United States 12 Month Natural Gas Fund (NYSEArca: UNL) and the United States Short Oil Fund (NYSEArca: DNO) resumed today after having been halted since Jan. 10 due to a regulatory hurdle.

The updated registration statements United States Commodity Funds had to file for both funds in order to comply with a regulatory requirement were declared effective by the Securities and Exchange Commission today, the company said.

Trading and creations were halted on both funds on Jan. 10 following the filing of the updated statements, with trading resuming that same day, but creations remained halted until the SEC rubber-stamped the paperwork.

The New York Stock Exchange again halted trade in the two ETFs this morning for news pending, and resumed trade at 11:25 a.m. Eastern time.

The ETF provider said this regulatory requirement applies at least once every three years, and it’s normal procedure for funds such as UNL and DNO.

The new filings registered just over 8.9 million shares of DNO and 32.9 million shares of UNL.

UNL had about $43 million in assets and DNO had $13.2 million.



Lean why bond ETFs are an essential part of a diversified portfolio with our bond ETF channel.

Learn how currency-hedged ETFs can reduce the currency risk in your portfolio.


'IBB' saw big inflows for a second-straight session on Wednesday, Sept. 30.

Inflows into 'XLV' on Wednesday, Sept. 30 paced gains for SSgA, which saw its assets grow by more than $1 billion.


By Dave Nadig

Five consequences of the proposed rules the SEC put out yesterday.

By Sumit Roy

It's never happened, but it could.

By Dave Nadig

Think twice before getting excited.

By Sumit Roy

Readers bring up some interesting questions in light of the recent plunge in a popular oil ETN.


By Denise Krisko

Managing liquid alt strategies.

By Scott Eldridge

Protecting your fixed income allocation in a volatile rate environment.

By iShares

How currency-hedged ETFs can help U.S. investors investing in international stocks.