Teucrium Soybean Fund (CANE) revises Sponsor management and CCO roles
Rhea-AI Filing Summary
Teucrium Soybean Fund, a series of Teucrium Commodity Trust, reports a compliance leadership change at its Sponsor, Teucrium Trading, LLC. Effective January 1, 2026, Cory Mullen-Rusin resigned as Chief Compliance Officer of the Sponsor and remains Chief Financial Officer and Chief Accounting Officer, while Christi Powitzky, who has over fifteen years of compliance experience, was appointed Chief Compliance Officer. The supplement updates risk disclosure that the Sponsor is leanly staffed and relies heavily on a small group of key individuals, and refreshes the management section to describe the roles of senior officers and to list Messrs. Gilbertie and Harris, Van Eck Associates Corporation, Ms. Mullen-Rusin, Ms. Powitzky, GFI Group LLC and NMSIC Classic LLC as principals under CFTC rules.
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FAQ
What management change does Teucrium Soybean Fund disclose for the Sponsor?
Effective January 1, 2026, Cory Mullen-Rusin resigned as Chief Compliance Officer of Teucrium Trading, LLC, and Christi Powitzky was appointed as the new Chief Compliance Officer.
Who is the new Chief Compliance Officer for Teucrium Trading, LLC, Sponsor of CANE?
Christi Powitzky is the Chief Compliance Officer of the Sponsor effective January 1, 2026. She is responsible for developing, instituting, and monitoring processes and procedures to comply with all regulatory requirements and has over fifteen years of compliance experience.
What is Cory Mullen-Rusin’s role with Teucrium Trading, LLC after this prospectus supplement?
Cory Mullen-Rusin continues as the Chief Financial Officer and Chief Accounting Officer of the Sponsor, with primary responsibility for financial management, compliance and reporting, and oversight of books and accounting records. She previously served as Chief Compliance Officer from September 17, 2018 through December 31, 2025.
How does the prospectus describe the staffing and key person risk for the Sponsor of Teucrium Soybean Fund?
The Sponsor is described as leanly staffed and relying heavily on a small number of individuals, including Sal Gilbertie, Springer Harris, Cory Mullen-Rusin, and Christi Powitzky. The text notes that if any of these people were to leave or be unable to carry out their responsibilities, it may have an adverse effect on management of the Fund.
How is management of Teucrium Trading, LLC structured according to this supplement?
The Sponsor is managed by its officers. The Chief Executive Officer handles overall strategic direction, the Chief Investment Officer and President focus on new investment product development, the Chief Operating Officer oversees trade operations and portfolio activities, the Chief Financial Officer and Chief Accounting Officer handle financial and accounting functions, and the Chief Compliance Officer oversees regulatory compliance processes.
Who are listed as CFTC principals of the Sponsor and Teucrium Investment Advisors, LLC?
Messrs. Gilbertie and Harris, Van Eck Associates Corporation, Cory Mullen-Rusin, and Christi Powitzky are principals of the Sponsor and Teucrium Investment Advisors, LLC due to their positions and/or ownership interests. GFI Group LLC is a principal due to its ownership of certain non-voting securities, and NMSIC Classic LLC is a principal due to its greater than 10% capital contribution to the Sponsor.
When is the date of this Teucrium Soybean Fund prospectus supplement?
The date of this prospectus supplement for Teucrium Soybean Fund is January 2, 2026.