Monday, May 18, 2026
United States Oil Fund gets Wells notice from SEC- oil and gas 360

United States Oil Fund gets Wells notice from SEC

Reuters The United States Oil Fund LP, the country’s largest crude exchange-traded fund, said on Wednesday it received a Wells notice from the U.S. Securities and Exchange Commission. The Wells notice states that SEC staff have made a preliminary determination to recommend that the U.S. securities regulator file an enforcement action against USO, United States Commodity Fund LLC and its