Is there some reason UUP is halted?

I can't remember ever seeing an ETF halt? Weird....

Wondering if you guys had any idea what's going on?

 

important is that the alternative udn is still trading if u need to do something

 

thanks...

perhaps market makers are now trying to pin stocks on options expiration by halting them

 

Or perhaps..CHINA IS SELLING

 

Back.

 

I read somewhere earlier today that they are unable to create anymore ETF units or something like that. Maybe that has to do with the halt?

 

Had been halted pending this news:

http://finance.yahoo.com/news/DB-Co...&.pf=personal-finance&mod=pf-personal-finance

Press Release Source: Deutsche Bank On Friday December 18, 2009, 10:05 am EST

NEW YORK--(BUSINESS WIRE)--DB Commodity Services LLC today announced that new creations of the PowerShares DB US Dollar Index Bullish Fund (NYSE Arca: UUP) are temporarily suspended pending clearance and declaration of effectiveness of a registration statement for 240,000,000 additional shares by the US Securities and Exchange Commission, the Financial Industry Regulatory Authority and the National Futures Association. To manage exceptional investor demand for UUP, DB Commodity Services filed a registration statement for additional shares on Dec. 8, 2009.

Additional information is contained in two related 8K filings which are available at: www.sec.gov. DB Commodity Services LLC will issue an additional 8K once the registration statement has been declared effective by the SEC.