Kayne Anderson Midstream/Energy Fund, Inc. (KMF) paying down debt.
Have you suffered losses investing in Kayne Anderson Midstream/Energy Fund (KMF)? If so, the securities attorneys at The White Law Group may be able to help you recover your losses through FINRA Arbitration.
Unfortunately for investors in the fund, the Kayne Anderson Midstream/Energy Fund has suffered catastrophic losses over the last year.
The White Law Group is investigating the liability that brokerage firms may have for recommending high risk funds that invest primarily in MLPs.
Master Limited Partnerships (MLPs) are extremely complex and risky, making them better suited for institutional investors or wealthy and sophisticated retail investors.
Aggressive financial advisors may have unsuitably recommended the Kayne Anderson Midstream/Energy Fund in an effort to chase yield. Investors who buy solely on the basis of the dividend may experience losses as the dividend is cut and the stock price declines in response.
Broker-dealers are required to make suitable investment recommendations, accounting for the investor’s age, income, net worth, investment experience, and investment objectives. When a financial advisor recommends an investment that is unsuitable for the investor, they can be held responsible for the losses in a FINRA arbitration claim.
If you suffered losses investing in Kayne Anderson Midstream/Energy Fund and would like to discuss your litigation options, please call The White Law Group at 888-637-5510 for a free consultation.
The White Law Group is a national securities arbitration, securities fraud, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee. The firm represents investors throughout the country in FINRA arbitration claims against their brokerage firm.
For more information on The White Law Group, visit www.whitesecuritieslaw.com.