United States Oil Fund, LP just came out with a new prospectus, available here. This is an SEC requirement for firms looking to issue certain types of securities. An excerpt of the prospectus is provided below:
pursuant to Rule 424(b)(3)
OIL FUND, LP
December 7, 2020
June 12, 2020
contains information that amends, supplements or modifies certain information contained in the prospectus of United States Oil
Fund, LP (“USO”) da ted June 12, 2020 (the “Prospectus”).
You should carefully
read the Prospectus and this supplement before investing. This supplement should be read in conjunction with the Prospectus. You
should also carefully consider the “Risk Factors” beginning on page 11 of the Prospectus before you decide to invest.
Macquarie Futures USA
LLC to Serve as a Futures Commission Merchant for USO
December 3, 2020, USO has engaged Macquarie Futures USA LLC to serve as an additional futures commission merchant. USO’s
relationships with RBC Capital Markets, LLC, RCG Division of Marex Spectron, and E D & F Man Capital Markets Inc. will remain in place.
light of the foregoing, the section entitled “Futures Commission Merchant” beginning on page 49 of the Prospectus
is revised to add the following text at the end of the section:
Futures USA LLC
December 3, 2020, USO has engaged Macquarie Futures USA LLC (“MFUSA”) to serve as an additional futures commission
merchant. The Customer Agreement between USO and MFUSA requires MFUSA to provide services to USO in connection with the purchase
and sale of Oil Futures Contracts and Other Oil-Related Investments that may be purchased or sold by or through MFUSA for USO’s
account. Under this agreement, USO pays MFUSA commissions for executing and clearing trades on behalf of USO.
primary address is 125 West 55th Street, New York, NY 10019. MFUSA is registered in the United States with the CFTC
as an FCM providing futures execution and clearing services covering futures exchanges globally. MF
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following:
United States Oil Fund, Lp Monthly Account Statement - March 26, 2021
United States Oil Fund: United States Commodity Funds Llc - March 25, 2021