Have you suffered losses investing in JPMorgan Alerian MLP Index Exchange-Traded Notes? If so, the securities attorneys of The White Law Group may be able to help you recover your losses in a FINRA arbitration claim against the brokerage firm that recommended the investment.
JPMorgan Alerian MLP Index Exchange-Traded Notes (ETN) are designed to provide access to midstream energy Master Limited Partnerships (MLP). MLPs are limited partnerships that are publicly traded on a U.S. securities exchange. The JPMorgan Alerian MLP Index ETNs are linked to the Alerian MLP Index.
Crude oil prices have crashed over the last several months, bringing the Energy Sector down with it. Over the last month, the Alerian MLP Index is down 1.6%.
Structured products, like Exchange-Traded Notes, are extremely complex and risky. They are only suitable for wealthy, sophisticated retail investors or institutional investors.
Brokerage firms that sell such products are required to perform adequate due diligence on the investments to ensure a reasonable likelihood of success, and to evaluate whether the investments are suitable in light of the client’s age, net worth, investment experience, and investment objectives. Firms that fail to perform adequate due diligence, or that make unsuitable recommendations, can be held responsible for losses in a FINRA arbitration claim.
If you suffered losses investing in Exchange-Traded Notes that are linked to the Energy Sector and would like a free consultation with a securities attorney, please call The White Law Group at 312/238-9650.
The White Law Group is a national securities arbitration, securities fraud, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida.
For more information on The White Law Group, visit http://www.whitesecuritieslaw.com.