What Investors Need to Know About the Risks Involved with Non-traditional Exchange Traded Funds (ETFs) An exchange traded fund (ETF) is an investment fund that[…]
Exchange Traded Funds (ETFs)
Exchange Traded Funds (ETFs) are complex products that have been largely misunderstood and improperly sold by registered financial representatives. Recent disciplinary actions taken by FINRA against brokers and advisors for selling ETFs and “inverse” ETFs highlight the unsuitable nature of these funds. The general consensus is that inverse ETFs and leveraged ETFs are not suitable for clients because they are only good for a one day investment, and should not be held long term.
We encourage you to browse the news updates and information below to gain an understanding of the issues involving ETFs.
If your investment accounts have suffered substantial losses due to unsuitable investments in exchange traded products, we invite you to call our firm immediately at (305) 912-3000 for a free consultation.
The Sonn Law Group is currently investigating Garden State Securities, Inc. (broker CRD number 10083) for unsuitable investment recommendations in exchange-traded funds. According to FINRA[…]
The Sonn Law Group is currently investigating the FSC Securities Corporation (broker CRD number 7461) for making unsuitable investment recommendations in risky non-traditional exchange traded[…]
This article was originally published by FINRA.org Ruling Reminds Firms of Sales Practice Obligations for Volatility-Linked Products The Financial Industry Regulatory Authority (FINRA) announced today[…]
This article was originally published by Law360.com Former WFG Investments Advisor Jay Dee Jordan Barred from Securities Industry Law360, New York (August 15, 2017, 8:05[…]
At Sonn Law Group, our experienced investment fraud lawyers are currently investigating complaints against H.D. Vest (CRD#: 13686). This brokerage firm is headquartered in Irving,[…]
Do you currently have money invested with TD Ameritrade (CRD#: 7870), a broker-dealer operating in all 50 states as well as several U.S. territories, including[…]
Have you ever been a customer of Proequities? If so, you need to know all of the investor complaints and legal sanctions that have been[…]
Western International Securities (CRD#: 39262) is a registered brokerage firm that was formed in Colorado and is now headquartered in Pasadena, California. If you are[…]
Washington D.C., April 25, 2017 The Securities and Exchange Commission today charged a former broker with knowingly or recklessly trading unsuitable investment products in the[…]