HOLDRS Making Transition to Market Vector ETFs
November 23, 2011 at 14:44 PM EST
Van Eck Global and Bank of America (NYSE: BAC) subsidiary Merrill Lynch reached an accord on six HOLDRs in August, and now, the transition from the Merrill Lynch HOLDRs to Market Vector exchange traded funds is underway. An exchange offer for the HOLDRS commenced on Nov. 11 and will run till 11:00...
