NewsOK is reporting that “The Oklahoma Fund”, an exchange traded fund comprised of a basket of the Oklahoma state stocks, is nearing its last major regulatory hurdle before trading begins, said Keith Geary, chairman of OOK Advisors LLC. The fund will trade on the American Stock Exchange under the ticker symbol (OOK).
The U.S. Securities and Exchange Commission late Tuesday posted on its Web site a notice that advanced the fund’s application. Barring any unforeseen obstacles, Geary said, the agency should issue an order clearing the way for the fund to begin trading Sept. 17.
“I’d say we are on for September 17, the date the order is to be issued,” Geary said.
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