Have you suffered losses investing in Direxion Daily Energy Bull 3X ETF? 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.
Direxion Daily Energy Bull 3X ETFis an exchange-traded fund. The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Energy Select Sector. Direxion Daily Energy Bull 3X ETF has lost 53.53% over the trailing 6-month period and 36.96% over the trailing 3-month period.
Structured products that provide leveraged exposure 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 Direxion Daily Energy Bull 3X ETF 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.