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Franklin FTSE Russia Company Name:
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Effective December 23, 2022, the Franklin FTSE Russia ETF ( FLRU ) has suspended the right of redemption of its shares pursuant to an exemptive order issued by the U.S. Securities and Exchange Commission in order to permit FLRU to liquidate its portfolio. Russia’s invasion of Ukrai...
Effective today shortly before 4 am ET, NYSE Arca halted trading of the Franklin FTSE Russia ETF ( FLRU ). Franklin Templeton supports NYSE Arca’s decision, given FLRU’s concentrated exposure to Russia and challenges such as the closure of the country’s secu...
In light of the economic sanctions imposed by the US and many other countries on Russian corporate and banking entities as well as broader sanctions on Russia, closures to Russian securities markets and Russian government imposed capital controls, the value and liquidity of Russian secu...