BlackRock gold fund may face penalties over unregistered share issue

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BlackRock gold fund may face penalties over unregistered share issue

BlackRock gold fund may face penalties over unregistered share issue
NEW YORK (Reuters) - BlackRock Inc's iShares gold Trust may face penalties and other costs after the U.S.-listed fund sold $296 million in shares earlier this year without properly registering them, the company said in a filing on Monday with the U.S. Securities and Exchange Commission.

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