Item 4. Controls and Procedures
Item
4. Controls and Procedures.
Disclosure
Controls and Procedures
The
Trust maintains disclosure controls and procedures that are designed to ensure that information required to be disclosed in its
1934 Act reports is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and
forms, and that such information is accumulated and communicated to the Principal Executive Officer and Chief Financial Officer
of the Sponsor to allow timely decisions regarding required disclosure.
Under
the supervision and with the participation of the Principal Executive Officer and the Chief Financial Officer of the Sponsor,
the Sponsor conducted an evaluation of the Trust’s disclosure controls and procedures, as defined under Exchange Act Rule
13a-15(e). Based on this evaluation, the Principal Executive Officer and the Chief Financial Officer of the Sponsor concluded
that, as of the end of the period covered by this Quarterly Report on Form 10-Q, the Trust’s disclosure controls and procedures
were effective.
Changes
in Internal Control over Financial Reporting
There
were no changes in the Trust’s internal control over financial reporting that occurred during the last fiscal quarter that
have materially affected, or are reasonably likely to materially affect, the Trust’s internal control over financial reporting.
14
PART
II. OTHER INFORMATION
Item
1. Legal Proceedings.
None.
Item
1A. Risk Factors.
Not
applicable to Smaller Reporting Companies.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.