Concerned about investment losses in VelocityShares VIX ETNs?
Have you suffered losses investing in the VelocityShares VIX Exchange Traded Notes (ETNs)? If so, the securities attorneys of The White Law Group may be able to help you recover your losses by filing a FINRA Arbitration claim against the brokerage firm that sold you the investment.
VelocityShares VIX Exchange Traded Notes ETNs are issued by Credit Suisse AG acting through its Nassau branch.
An exchange-traded note (ETN) is a senior, unsecured, unsubordinated debt security issued by an underwriting bank. Similar to other debt securities, ETNs have a maturity date and are backed only by the credit of the issuer. ETNs are designed to provide investors access to the returns of various market benchmarks.
The VelocityShares VIX Exchange Traded Notes offers leveraged exposure to VIX contracts; Each ETN is linked to either the S&P 500 VIX Short-Term Futures Index or the S&P 500 Mid-Term Futures Index .VelocityShares VIX is clearly a risky investment.
The Risks of Exchange Traded Notes
The White Law Group is currently investigating the liability that brokerage firms may have for recommending complicated and high risk ETNs like VelocityShares VIX.
According to their website, these ETNs are riskier than securities that have intermediate- or long-term investment objectives, and may not be suitable for investors who plan to hold them for a period other than one day.
FINRA and the SEC have been increasing their efforts to regulate nontraditional ETFs and ETNs such as VelocityShares VIX ETNs, and to monitor the manner in which these products are marketed and sold to the investing public.
If you have suffered losses investing in VelocityShares VIX Exchange Traded Notes, the securities attorneys of The White Law Group may be able to help. For a free consultation, please call the firm at 888-637-5510.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida. The firm exclusively represents investors in FINRA arbitration claims against their brokerage firm or financial professional.
For more information on The White Law Group, visit http://www.whitesecuritieslaw.com.