UBS AG (NYSE: AMUB) pulls seven leveraged ETRACS from NYSE Arca
Rhea-AI Filing Summary
UBS AG (AMUB) is having seven ETRACS 2x Leveraged exchange-traded notes (ETNs), including US Value Factor, US Growth Factor, US Size Factor, MSCI US Momentum Factor, MSCI US Quality Factor, US Dividend Factor, and MSCI US Minimum Volatility Factor, removed from listing and/or registration on NYSE Arca. NYSE Arca states it has complied with its own rules under 17 CFR 240.12d2-2(b), and UBS has complied with Exchange rules and 17 CFR 240.12d2-2(c) governing the voluntary withdrawal of these securities from listing and registration under Section 12(b) of the Exchange Act.
Positive
- None.
Negative
- None.
Filing Explained
This Form 25 documents NYSE Arca’s and UBS AG’s compliance with procedures to withdraw seven ETNs from listing and registration, but it does not state that the withdrawal has already taken effect; the filing therefore establishes a withdrawal notification, not completed removal.
Key Figures
Number of ETNs affected: 7 ETNs
Commission File Number: 001-15060
Exchange Act section: Section 12(b)
3 metrics
Number of ETNs affected
7 ETNs
Total ETRACS 2x Leveraged ETNs listed as being removed from NYSE Arca
Commission File Number
001-15060
File number associated with UBS AG securities under the Exchange Act
Exchange Act section
Section 12(b)
Legal basis for listing and registration from which the ETNs are being withdrawn
Key Terms
Form 25, ETN, Section 12(b), voluntary withdrawal, +1 more
5 terms
Form 25 regulatory
"SECURITIES AND EXCHANGE COMMISSION FORM 25 NOTIFICATION OF REMOVAL FROM LISTING"
A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.
ETN financial
"ETRACS 2x Leveraged US Value Factor TR ETN; ETRACS 2x Leveraged US Growth"
An ETN is a debt note issued by a bank or financial firm that trades on an exchange like a stock and is designed to follow the performance of a market index or strategy after fees. Think of it as an IOU that promises to pay you the index’s return rather than owning the underlying assets; it matters to investors because returns depend not just on the index but also on the issuer’s creditworthiness, fees and market liquidity.
Section 12(b) regulatory
"REGISTRATION UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934"
Section 12(b) of the U.S. Securities Exchange Act requires securities listed on a national stock exchange to be registered with the U.S. Securities and Exchange Commission (SEC) and to follow regular public reporting and disclosure rules. For investors, a 12(b) listing generally means more routine financial updates, regulatory oversight and easier buying and selling—like a storefront that must display its inventory and prices, making it simpler to inspect and trade the product.
voluntary withdrawal regulatory
"governing the voluntary withdrawal of the class of securities from listing"
17 CFR 240.12d2-2 regulatory
"Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied"
A U.S. Securities and Exchange Commission rule that describes the conditions and procedural steps for a security to be removed from public registration or reporting under the Securities Exchange Act of 1934. For investors, it matters because it explains when a company’s shares can stop being subject to regular disclosure and exchange listing rules — similar to knowing when a publicly tracked product will be discontinued and no longer send updates, which affects transparency and liquidity.
FAQ
What action is being taken regarding UBS AG (AMUB) ETRACS 2x Leveraged ETNs?
Seven UBS ETRACS 2x Leveraged ETNs are being removed from listing and/or registration on NYSE Arca. The exchange certifies compliance with its rules and SEC Rule 12d2-2 to strike these ETNs from listing under Section 12(b).
Which UBS (AMUB) ETRACS ETNs are affected by this Form 25 filing?
The affected UBS ETNs are the ETRACS 2x Leveraged US Value, US Growth, US Size, MSCI US Momentum, MSCI US Quality, US Dividend, and MSCI US Minimum Volatility Factor Total Return ETNs, all previously listed on NYSE Arca.
Which exchange is delisting the UBS (AMUB) ETRACS 2x Leveraged ETNs?
The ETNs are being removed from NYSE Arca, Inc.. NYSE Arca states it has followed its own rules and 17 CFR 240.12d2-2(b) in striking these UBS ETRACS 2x Leveraged ETNs from listing and/or registration.
Is the delisting of UBS (AMUB) ETRACS ETNs voluntary?
The filing states that UBS has complied with Exchange rules and 17 CFR 240.12d2-2(c), which governs voluntary withdrawal of a class of securities from listing and registration, indicating the issuer participated in a voluntary delisting process.
Under which SEC rule are the UBS (AMUB) ETNs being removed from listing?
The removal proceeds under SEC Rule 12d2-2 (17 CFR 240.12d2-2). The document references subsections (a), (b), and (c) relating to exchanges striking securities and issuers voluntarily withdrawing them from Section 12(b) listing and registration.
What is the Commission File Number for this UBS (AMUB) Form 25?
The Commission File Number is 001-15060. This identifier ties the removal-from-listing notification for the UBS ETRACS 2x Leveraged ETNs to UBS AG’s registered securities under Section 12(b) of the Securities Exchange Act of 1934.
AI-generated analysis. How Rhea-AI works. Not financial advice.
