February 2, 2015 Comments (0) Blog, Securities Fraud

Recovery of ProShares VIX Short-Term Futures Losses

Have you suffered losses investing in ProShares VIX Short-Term Futures?  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.

ProShares VIX Short-Term Futures is an exchange-traded fund.  The investment seeks to provide investment results (before fees and expenses) that match the performance of the S&P 500 VIX Short-Term Futures Index. The fund intends to obtain exposure to its index by investing in futures contracts based on the Chicago Board Options Exchange (“CBOE”) Volatility Index. It also holds cash or cash equivalents such as U.S. Treasury securities or other high credit quality short-term fixed-income or similar securities (such as shares of money market funds, bank deposits, bank money market accounts, certain variable rate-demand notes and collateralized repurchase agreements) that may be used as margin for the futures contracts.   ProShares VIX Short-Term Futures is down -26.43% year-to–date and -61.87% over the past 3–years.

Commodity ETFs can be 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 ProShares VIX Short-Term Futures 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.

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