• Corporate Event - ProShares UltraShort Oil & Gas (DUG) - Effective Thursday, April 15, 2010

      • To
      • Clearing Member Firms
      • From
      • CME Clearing
      • #
      • 10-161
      • Notice Date
      • 14 April 2010
      • Effective Date
      • 15 April 2010
    • The Options Clearing Corporation (“OCC”) has been advised that ProShares UltraShort Oil & Gas (DUG) has announced a 1-for-5 reverse stock split. As a result of the reverse stock split, each DUG Share will be converted into the right to receive .20 (New) ProShares UltraShort Oil & Gas Shares. The reverse stock split will become effective prior to the open of business on April 15, 2010.

       

      For the full text of this advisory, please click here.