Investigating Potential Claims involving Direxion Daily Healthcare Bear 3X ETF (SICK)
Have you suffered losses investing in Direxion Daily Healthcare Bear 3X ETF (SICK)? 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.
According to Investment News, despite the fact that Standard & Poor’s 500 stock index rose 9.3% in the first half of this year, and the international MSCI EAFE index jumped 11.8%, some funds and ETFs managed to post losses.
One example is Direxion Daily Healthcare Bear 3X ETF (SICK). The fund has dropped 36.9% since the beginning of the year, despite Wall Street’s recent enthusiasm about the health care sector.
The White Law Group is investigating the liability that brokerage firms may have for recommending Direxion Daily Healthcare Bear 3X ETF (SICK).
Brokerage firms are required to perform adequate due diligence on any investment they recommend and to adequately disclose the risks of any investment. Additionally, brokerage firms are required to ensure that all investment recommendations made are suitable in light of the client’s age, investment experience, investment objectives, net worth, and income.
If it can be demonstrated that a brokerage firm failed to perform adequate due diligence, to properly disclose the risks, or recommended an investment unsuitably, the firm may be held responsible for any resulting losses in a FINRA arbitration claim.
If you are concerned about investment losses in Direxion Daily Healthcare Bear 3X ETF (SICK) or another fund and would like a free consultation with a securities attorney, please call The White Law Group at 888-637-5510.
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.