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ProShares Short SmallCap600 T.SBB


Primary Symbol: SBB

The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the S&P SmallCap 600 Index. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.


ARCA:SBB - Post by User

Bullboard Posts
Post by skepticalmeon Jun 20, 2016 11:44am
223 Views
Post# 24980091

The Government's position

The Government's position

Article 12 of the Nunavut Land Claims Agreement contains two sections that give the INAC minister the power to either reject a public hearing report or ask for more work to be done on it, in cases where NIRB recommends a project not proceed.

Section, 12.5.7(d), "the federal minister may reject a NIRB recommendation if the government deems the project to be in the national or regional interest."

Section, 12.5.7(e) When a NIRB report is "deficient with respect to ecosystemic and socio-economic issues,” the minister may refer the report back to NIRB for further review or more public hearings.

Although NIRB recommendations are highly influential, the Nunavut Land Claims Agreement is designed to ensure that government ministers get the ultimate power to decide if any given project should or should not proceed.

Bullboard Posts