February 6, 2018 Comments (0) Blog, Current Investigations

Trading Halted – ProShares Short VIX Short-Term Futures ETF

ProShares Short VIX Short-Term Futures ETF
(Last Updated On: February 6, 2018)

Investigating Potential Claims – ProShares Short VIX Short-Term Futures ETF

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

Trading in ProShares Short VIX Short-Term Futures ETF was halted on Tuesday, along with two other U.S. listed inverse VIX ETFs, after suffering huge losses on Monday. A short sell restriction was placed on them, according to Thomson Reuters data.

“Trading is halted pending the release of material news,” according to NASDAQ.

ProShares Short VIX Short-Term Futures ETF fell 79 percent in after-hours trading due to the spike in the VIX gauge of U.S. stocks volatility (.VIX).

The White Law Group is currently investigating the liability that brokerage firms may have for recommending high risk Exchange Traded Funds like ProShares Short VIX Short-Term Futures ETF to investors.

Risks of Exchange-traded Funds

An exchange-traded fund (ETF) is an investment fund traded on stock exchanges, much like stocks. An ETF holds assets such as stocks, commodities, or bonds, and trades close to its net asset value over the course of the trading day.

According to their website, ProShares Short VIX Short-Term Futures ETF seeks daily investment results, before fees and expenses.

Many of these investments are packaged as a way for investors to avoid the volatility of the market or capture growth in a particular sector.  In reality, these structured investments are just ways for the industry to increase revenues generated from the creation, sale, and management of these products.

Brokerage firms have a duty to recommend only investments that are appropriate for the client based on the client’s age, investment experience, net worth, and investment objectives.

If your financial advisor has over-concentrated your assets in any sector or investment, particularly one as volatile as the ProShares Short VIX Short-Term Futures ETF and you suffered substantial losses, you may have a claim to recover your losses through FINRA arbitration.

For a free consultation, please call The White Law Group’s Chicago office at 888-637-5510.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance 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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