Investor Alert – ProShares Trust PSHS Short S&P 500 ETF
Have you suffered losses investing in ProShares Trust PSHS Short S&P 500 ETF? If so, the securities attorneys at 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.
According to their website, ProShares Trust PSHS Short S&P 500 ETF seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the S&P 500®.
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.
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.
Broker dealers 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 Trust PSHS Short S&P 500 ETF and you suffered substantial losses, you may have a claim to recover your losses through FINRA arbitration.
Free Consultation with a Securities Attorney
For a free consultation, please call the offices of The White Law Group 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.