February 25, 2013 / 3:06 AM / in 5 years

US regulator approves BlackRock's copper ETF plan

SINGAPORE, Feb 25 (Reuters) - BlackRock Inc. has obtained approval from U.S. regulators on its plan to launch a copper-backed exchange-traded fund on the NYSE Arca, the U.S. Securities and Exchange Commission said.

This followed the approval of a similar product proposed by JPMorgan Chase & Co in December.

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