Have you suffered losses investing in Morgan Stanley Cushing MLP High Income 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.
Exchange-Traded Notes (ETN) are senior, unsecured debt obligations of Morgan Stanley and are intended to provide access to various indices. The Morgan Stanley Cushing MLP High Income Exchange-Traded Notes track the performance of the Cushing MLP High Income Index.
Crude oil prices have crashed over the last several months, bringing the Energy Sector down with it. Over the last four weeks, the Morgan Stanley Cushing MLP High Income Exchange-Traded Notes is down 21.63%.
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.