Following its competitive review of independent registered public accounting firms, the

audit c

ommittee (the

Audit Committee

) of ETF Securities USA LLC (the

Sponsor)

of ETFS

Palladium

Trust

(the

Registrant

) on

January 28

, 201

6

, dismissed Deloitte & Touche LLP (the

Former Accountant

) and engaged KPMG LLP (the

Current Accountant

) as the principal independent registered public acco

unting firm to audit the Registrant

s financial statements.

No report of the

Former Accountant on the Registrant

s financial statements for either of the past two years contained an adverse opinion or a disclaimer of opinion or was qualified or modified as to uncertainty, audit scope, or accounting principles.

During the Registrant

s two most recent fiscal years and subsequent interim periods preceding the Former Accountants dismissal, there was no disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) with the Former Accountant on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreement (if not resolved to the satisfaction of the Former Accountant) would have caused it to make reference to the subject matter of the disagreement in connection with its report.

During the Registrant

s two most recent fiscal years and subsequent interim periods preceding the Former Accountants dismissal, there was no reportable event (as described in Item 304(a)(1)(v) of Regulation S-K).

The Sponsor

provided the Former Accountant with a copy of this Form 8-K prior to its filing with the U.S. Securities and Exchange Commission (the

Commission

) and requested the Former A

ccountant to furnish the Sponsor

with a letter addressed to the Commission stating whether the Former Accountant agrees with th

e statements made by the Sponsor

in response to Item 304(a) of Regulation S-K and, if not, stating the respects in which it does not agree

.

A copy of the Former Acco

untants letter dated

January 28, 2016

, is attached as Exhibit 16.1 to this Form 8-K.

During the Registrant

s two most recent fiscal years and subsequent interim periods preceding the Current Accountants

engagement, neither the Sponsor

nor anyone on its behalf consulted the Current Accountant regarding (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that

migh

t be rendered on the Registrant

s financial statements or (ii) any matter that was either the subject of a disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a reportable event (as described in Item 304(a)(1)(v) of Regulation S-K).

Item 9.01

Financial Statements and Exhibits

Exhibit 16.1

Former Acc

ountants Letter dated

January 28, 2016.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ETFS PALLADIUM

TRUST

By

:

ETF Securities USA LLC,

Sponsor of the

ETFS Palladium

Trust

By:

/s/

Christopher Foulds

Christopher Foulds

Chief Financial Officer

and

Treasurer (Principal Financial

Officerand Principal Accounting Officer)

Date

:

January 28, 2016

makes a similar move, sign up!

Other recent filings from the company include the following:

ETFS PALLADIUM TRUST Just Filed Its Quarterly Report: 2.4. Creations an... - Nov. 6, 2017

Auto Refresh

Feedback