The SEC granted exemptive relief to an exchange-traded fund (the "Fund") from the notice requirements of Exchange Act Rule 10b-17. The exemption provides further relief from the prohibitions of Rules 101 and 102 of Regulation M in connection with secondary market transactions in shares of the Fund, as well as in the creation and redemption of aggregations of shares in the Fund (initially not less than 50,000 shares and over time reduced to 25,000 shares). The Fund tracks the performance of the CBOE Russell 2000 PutWrite Index.
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