Industrial copper users including AmRod Corp., Southwire Co. and Encore Wire
Corp. (WIRE) urged U.S. regulators to reverse a decision clearing the way
for a JPMorgan Chase & Co. (JPM) exchange-traded fund backed by the metal.

The user group has said that the JPM XF Physical Copper Trust, the first
U.S. exchange-traded fund backed by physical copper, would leave less for
manufacturers, creating shortages and boosting prices.


http://www.bloomberg.com/news/2013-0...ompliance.html

Best Regards
Tom.
--
http://fija.org/