FINRA Releases Regulatory Notice Warning Member Firms of Volatility-Linked Exchange-Traded Products

Stockbroker Law - Friday, December 01, 2017
FINRA Releases Regulatory Notice Warning Member Firms of Volatility-Linked Exchange-Traded Products
In Regulatory Notice 17-32 , FINRA recently articulated the grave risks to investors regarding the sale of Exchange Traded Products.  Typically, these products are linked by tracking short and mid-term VIX future indexes – a very risky and volatile investment and surely not a safe investment for the average investor.  

Exchange Traded Products have resulted in catastrophic losses to many unsuspecting individual investors who are dependent upon an assured return on their retirement investments for a financially secure retirement.  Unfortunately, a number of brokerage firms have improperly trained their sales staff and have improperly permitted the sale of Exchange Traded Products involving VIX future indexes, putting profit over the best needs of the customer.

We offer a free initial consultation to investors who have sustained losses in Exchange Traded Products and VIX related future indexes.  For a free initial consultation, contact the Law Offices of Timothy J. O’Connor at (518) 426-7700.


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