<SEC-DOCUMENT>0000930413-12-005234.txt : 20120913
<SEC-HEADER>0000930413-12-005234.hdr.sgml : 20120913
<ACCEPTANCE-DATETIME>20120912173317
ACCESSION NUMBER:		0000930413-12-005234
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20120912
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20120913
DATE AS OF CHANGE:		20120912

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ETFS PALLADIUM TRUST
		CENTRAL INDEX KEY:			0001459862
		STANDARD INDUSTRIAL CLASSIFICATION:	 [6221]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34589
		FILM NUMBER:		121088681

	BUSINESS ADDRESS:	
		STREET 1:		ETF SECURITIES USA LLC
		STREET 2:		48 WALL STREET, 11TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10005
		BUSINESS PHONE:		212-918-5954

	MAIL ADDRESS:	
		STREET 1:		ETF SECURITIES USA LLC
		STREET 2:		48 WALL STREET, 11TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10005
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>c70981_8-k.htm
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 <P ALIGN=CENTER><FONT SIZE=4><B>UNITED STATES</B></FONT></P>
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 <P ALIGN=CENTER><FONT SIZE=4><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></P>
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 <P ALIGN=CENTER><FONT SIZE=3><B>Washington, D.C. 20549</B></FONT></P>
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 <P ALIGN=CENTER><FONT SIZE=5><B>FORM 8-K</B></FONT></P>
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 <P ALIGN=CENTER><FONT SIZE=1>&nbsp;</FONT></P>
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 <P ALIGN=CENTER><FONT SIZE=3><B>CURRENT REPORT </B></FONT></P>
 </TD>
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 <P ALIGN=CENTER><FONT SIZE=3><B>Pursuant to Section 13 or 15(d) of the </B></FONT></P>
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 <P ALIGN=CENTER><FONT SIZE=3><B>Securities Exchange Act of 1934</B></FONT></P>
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<P><FONT SIZE=2>Date of Report
(Date of earliest event reported)&nbsp;<U>September 12, 2012</U></FONT></P>

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 <P ALIGN=CENTER><FONT SIZE=6><B>ETFS PALLADIUM TRUST</B></FONT></P>
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 <P ALIGN=CENTER><FONT SIZE="2"> (Exact name of registrant as specified in
its charter) </FONT></P>
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</TABLE>

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 <P ALIGN=CENTER><FONT SIZE=2>New
 York</FONT></P>
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 <P ALIGN=CENTER><FONT SIZE=2>001-34589</FONT></P>
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 <P ALIGN=CENTER><FONT SIZE=2>26-4733157</FONT></P>
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 <P ALIGN=CENTER><FONT SIZE=2>(State or other jurisdiction <BR>
 of incorporation)</FONT></P>
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 <P ALIGN=CENTER><FONT SIZE=2>(Commission <BR>
 File Number)</FONT></P>
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 <P ALIGN=CENTER><FONT SIZE=2>(I.R.S. Employer <BR>
 Identification No.)</FONT></P>
 </TD>
 </TR>
</TABLE>

<BR>

<TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0 width=100%>
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 <P ALIGN=CENTER><FONT SIZE=2>48
 Wall Street, 11<SUP>th</SUP> Fl, New York, New York</FONT></P>
 </TD>
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 <P ALIGN=CENTER><FONT SIZE=2>10005</FONT></P>
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 <P ALIGN=CENTER><FONT SIZE=2>(Address of principal executive offices)</FONT></P>
 </TD>
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 <P ALIGN=CENTER><FONT SIZE=2>(Zip Code)</FONT></P>
 </TD>
 </TR>
</TABLE>

<P><FONT SIZE=2>Registrant&#146;s
telephone number, including area code (212) 918-4954 </FONT></P>

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 <TR STYLE="FONT-SIZE:1PX">
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 <P ALIGN=CENTER><FONT SIZE=2>(Former name or former address, if changed since last report.)</FONT></P>
 </TD>
 </TR>
</TABLE>

<P><FONT SIZE=2>Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:</FONT></P>

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 <P><FONT SIZE=2 FACE=WINGDINGS>o</FONT></P>
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 <P><FONT SIZE=2>Written
 communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 </FONT></P>
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 <P><FONT SIZE=2 FACE=WINGDINGS>o</FONT></P>
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 <P><FONT SIZE=2>Soliciting
 material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </FONT></P>
 </TD>
 </TR>
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 <P><FONT SIZE=1>&nbsp;</FONT></P>
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 <P><FONT SIZE=2 FACE=WINGDINGS>o</FONT></P>
 </TD>
 <TD VALIGN=TOP>
 <P><FONT SIZE=2>Pre-commencement
 communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
 240.14d-2(b)) </FONT></P>
 </TD>
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 <P><FONT SIZE=1>&nbsp;</FONT></P>
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 <P><FONT SIZE=2 FACE=WINGDINGS>o</FONT></P>
 </TD>
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 <P><FONT SIZE=2>Pre-commencement
 communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
 240.13a-4(c)) </FONT></P>
 </TD>
 </TR>
</TABLE>

<BR>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>
<P><FONT SIZE=2><B>ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS;
ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY
ARRANGEMENTS OF CERTAIN OFFICERS. </B></FONT></P>

<P><FONT SIZE=2>Appointment of Officer </FONT></P>

<P><FONT SIZE=2>On September 12, 2012, the
Manager of ETF Securities USA LLC, sponsor of the ETFS Palladium Trust (the
&#147;Sponsor&#148;), appointed Christopher Foulds as Vice President, Chief Financial Officer,
Treasurer and Secretary of the Sponsor, effective immediately and until such time as he resigns, his
successor is appointed by the Manager or he otherwise is disqualified from
serving as an officer of the Sponsor. In his capacity as Chief Financial
Officer and Treasurer of the Sponsor, Mr. Foulds will be the Sponsor&#146;s
principal financial officer and principal accounting officer. </FONT></P>

<P><FONT SIZE=2>Mr. Foulds, 31, is the
Financial Reporting and Compliance Officer of ETF Securities Limited, the
parent company of the Sponsor. Mr. Foulds is a Chartered Accountant
and member of the ICAEW, having previously worked for and trained with Deloitte, Jersey. He has over ten
years of finance experience and previously held a senior management position
with Active Services (Jersey) Limited, providing start-up management and
support services to the funds sector. He holds a BSc in Mathematics with
Financial Management from the University of Portsmouth, England. </FONT></P>

<P><FONT SIZE=2>Mr. Foulds replaces Thomas
Quigley, who tendered a written resignation from his offices of Vice President,
Chief Financial Officer, Treasurer and Secretary of the Sponsor on September
12, 2012. </FONT></P>

<P><FONT SIZE=2><B>ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. </B></FONT></P>

<P><FONT SIZE=2>(d) Exhibits. </FONT></P>

<P><FONT SIZE=2>The following exhibit is
filed with this report: </FONT></P>

<P><FONT SIZE=2>99.1 Letter of resignation
of Thomas Quigley as Vice President, Chief Financial Officer, Treasurer and
Secretary </FONT></P>

<HR NOSHADE ALIGN=CENTER WIDTH="100%" SIZE=4><P ALIGN=LEFT STYLE='PAGE-BREAK-BEFORE: ALWAYS'></P><PAGE>
<P ALIGN=CENTER><FONT SIZE=2><B>Signature</B></FONT></P>

<P><FONT SIZE=2>Pursuant to the requirements
of the Securities Exchange Act of 1934, as amended, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly
authorized. </FONT></P>

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 <P><FONT SIZE=2>ETFS PALLADIUM TRUST</FONT></P>
 </TD>
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 <P><FONT SIZE=1>&nbsp;</FONT></P>
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 <P><FONT SIZE=1>&nbsp;</FONT></P>
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 <TD COLSPAN=2 VALIGN=TOP>
 <P><FONT SIZE=2>(Registrant)*</FONT></P>
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 <P><FONT SIZE=1>&nbsp;</FONT></P>
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 <P><FONT SIZE=1>&nbsp;</FONT></P>
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 </TD>
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 <P><FONT SIZE=2>By:</FONT></P>
 </TD>
 <TD VALIGN=TOP>
 <P><FONT SIZE=2>ETF Securities USA LLC</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
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 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
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 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
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 </TD>
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 <P><FONT SIZE=2>Date:</FONT></P>
 </TD>
 <TD VALIGN=TOP>
 <P><FONT SIZE=2>September 12, 2012</FONT></P>
 </TD>
 <TD VALIGN=TOP>
 <P><FONT SIZE=2>By:</FONT></P>
 </TD>
 <TD VALIGN=TOP>
 <P><FONT SIZE=2>/s/ Graham Tuckwell</FONT></P>
 </TD>
 </TR>
 <TR>
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 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
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 <P><FONT SIZE=1>&nbsp;</FONT></P>
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 <P><FONT SIZE=1>&nbsp;</FONT></P>
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 <HR SIZE=1 WIDTH="100%" NOSHADE COLOR=BLACK ALIGN=CENTER>

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 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 <TD VALIGN=TOP>
 <P><FONT SIZE=2>Name:&nbsp;</FONT></P>
 </TD>
 <TD VALIGN=TOP>
 <P><FONT SIZE=2>Graham Tuckwell</FONT></P>
 </TD>
 </TR>
 <TR>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 <TD VALIGN=TOP>
 <P><FONT SIZE=1>&nbsp;</FONT></P>
 </TD>
 <TD nowrap  VALIGN=TOP>
 <P><FONT SIZE=2>Title:&nbsp;</FONT></P>
 </TD>
 <TD VALIGN=TOP>
 <P><FONT SIZE=2>Chief Executive Officer
 and President</FONT></P>
 </TD>
 </TR>
</TABLE>

<P><FONT SIZE=2>* As the Registrant
is a trust, this report is being filed on behalf of the Registrant by ETF
Securities USA LLC, only in its capacity as the sponsor of the Registrant. The
identified person signing this report is signing in his capacity as an
authorized officer of ETF Securities USA LLC.</FONT></P>



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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>c70981_ex99-1.htm
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<P STYLE="margin: 0"></P>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right"><B>Exhibit 99.1</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">September 12, 2012</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">ETF Securities USA LLC</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">c/o ETF Securities</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Ordnance House</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">31 Pier Road</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">St. Helier, Jersey JE48PW, Channel Islands</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attn: Chief Executive Officer</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Dear Sir,</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Effective immediately<FONT STYLE="color: black">,</FONT>
I hereby resign from my positions as Vice President, Chief Financial Officer, Treasurer and Secretary of ETF Securities USA LLC.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Very truly yours,</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">/s/ Thomas Quigley</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Thomas Quigley</P>



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