July 1, 2016
VIA EDGAR
U.S. Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549
RE: | ETFS Physical Base Metals Trust |
Registration Statement on Form S-1 | |
File No. 333-172377 | |
SEC Accession No. 0000930413-11-001172 | |
Request for Withdrawal of Registration Statement Pursuant to Rule 477 |
Dear Sir or Madam:
Pursuant to Rule 477(a) under the Securities Act of 1933, as amended, ETF Securities USA LLC as Sponsor (the “Sponsor”) of the ETFS Physical Base Metals Trust (the “Trust”) hereby requests the withdrawal of the Trust’s initial registration statement on Form S-1 with File No. 333-172377, filed with the Securities and Exchange Commission on February 22, 2011 (the “Registration Statement”) for:
ETFS Physical Aluminum Shares
ETFS Physical Copper Shares
ETFS Physical Lead Shares
ETFS Physical Nickel Shares
ETFS Physical Tin Shares
ETFS Physical Zinc Shares
ETFS Physical IM Basket
(together the “Shares”).
The Trust has determined not to issue the Shares. Therefore, the Sponsor on behalf of the Trust hereby requests the withdrawal of the Registration Statement and that an order be issued granting this request as soon as is practicable. The Registration Statement has not yet become effective, and no Shares have been sold in connection with the Registration Statement.
If you have any questions regarding this matter, please contact W. Thomas Conner of Reed Smith LLP at (202) 414 9208, or Peggy Heminger of Reed Smith LLP at (412) 288 7204.
Sincerely,
ETF Securities USA LLC as Sponsor to the ETFS Physical Base Metals Trust
By: | /s/ Christopher Foulds |
Christopher Foulds | |
Chief Financial Officer and Treasurer | |
cc: | |
W. Thomas Conner, Esq. |