Western International Securities Complaints Overview Western International Securities (CRD#: 39262) is a registered brokerage firm that was formed in Colorado and is now headquartered in[…]
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.
What You Should Know About TD Ameritrade Complaints Do you currently have money invested with TD Ameritrade (CRD#: 7870), a broker-dealer operating in all 50[…]
Did Your Advisor Tell You to Purchase VelocityShares Daily Inverse VIX Short-Term exchange-traded notes (XIV)? Call the Sonn Law Group at 305.912.3000 or contact us[…]
Report: Investors were mislead by pricing of the XIV Yesterday, securities litigation consultant Dr. Craig McCann published a report on LinkedIn which concludes that material[…]
In the aftermath of the crash of Credit Suisse’s XIV ETN financial product in early February 2018, CEO Tidjane Thiam spoke to CNBC’s Joumanna Bercetche[…]
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[…]
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[…]