IAU Gold ETF Investors May Be Entitled to Damages

BlackRock said investors in IAU who bought and resold the unregistered shares of the ETF “may have the right to collect damages” plus interest from the fund, and that the company may also have to pay SEC and state penalties. The fund may have to sell gold to meet those obligations.

Source: BlackRock’s Gold ETF Could Face Fines After Suspension

 

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