Van Eck, Merrill Lynch in Agreement Over HOLDRS
August 15, 2011 at 08:26 AM EDT
Van Eck Global and Bank of America (NYSE: BAC) subsidiary Merrill Lynch have reached a deal in which Van Eck plans to offer investors in six HOLDRS the chance to swap for shares of new exchange traded funds. Van Eck filed for six sector-specific ETFs with the Securities and Exchange Commission to...