Investment Losses in C-Tracks ETN on Miller/Howard Fundamental MLP Index Series B (MLPC)
Have you suffered losses investing in C-Tracks ETN on Miller/Howard Fundamental MLP Index Series B (MLPC)? If so, 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.
The C-Tracks Exchange-Traded Notes Based on the Performance of the Miller/Howard MLP Fundamental Index are unsecured debt securities issued by Citigroup Inc. The C-Tracks seek exposure to the performance of a rules-based proprietary index developed by Miller/Howard Investments, Inc., designed to measure the performance of 25 master limited partnerships (“MLPs”) selected by a methodology based upon quantitative fundamental factors of publicly traded MLPs.
Unfortunately for investors, COVID-19 global pandemic has caused securities markets to crash. In particular, oil and gas securities are down significantly. MLPC has reportedly declined -61% in the past 6 months.
Concerned about investment losses in C-Tracks ETNs?
The White Law Group continues to investigate the liability that brokerage firms may have for recommending complex and risky ETNs like MLPC to investors.
C-Tracks ETNs are complex, high risk senior, unsecured, unsubordinated debt securities that are designed to track the total return of a specific market index. Due to their risk and complexity, C-Tracks ETNs are not appropriate for conservative investors or seniors seeking to preserve their capital.
Financial professionals and 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 you have suffered losses investing in UBS C-Tracks Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (MLPC), you may be able to recover your losses through FINRA arbitration. For a free consultation with a securities attorney, please call the White Law Group 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 Franklin, Tennessee.
For more information on The White Law Group, visit https://www.whitesecuritieslaw.com.