Articles Posted in Exchange Traded Funds

The SEC recently issued a press release for investors warning about leveraged and inverse ETF. This press release explains more and emphasizes that ETFs are not all the same. Not understanding the ETF type and how it works can lead to investor losses. An ETF is similar to mutual funds…

Silver Law Group is investigating the following UBS ETRACS ETNs (Exchange Traded Notes): MRRL, WTIU, MLPZ, HOML, SMHD, HDLV, BDCL, LBDC, LMLP, DVHL, and MORL. These ETNs have suffered significant losses as the market has declined due to the coronavirus. UBS created its ETRACS ETNs and may have marketed and…

As the coronavirus has caused the market to decline precipitously starting in February, 2020, many leveraged exchange-traded funds (ETFs), inverse ETFs, and exchange-traded notes (ETNs) have stopped trading, causing massive losses for investors. Leveraged ETFs, Inverse ETFs, and ETNs An exchange traded fund (ETF) is a security that tracks an…

On May 1, 2018, FINRA Department of Enforcement entered into a settlement via Acceptance, Waiver, and Consent (AWC) with Respondent Laidlaw & Company. Without admitting or denying any wrongful acts, Laidlaw consented to a public censure by FINRA, the imposition of a $25,000 fine, as well as agreeing to give…

Silver Law Group filed a claim against Arete Wealth Management, LLC alleging Arete’s broker recommended numerous unsuitable non-traded REITs and leveraged ETNs and ETFs to our elderly client. According to the FINRA arbitration complaint, the elderly Claimant entrusted the entirety of her retirement portfolio to Arete Wealth Management and its…

How the company has violated or been accused of violating FINRA regulations It is always important for investors to have a good understanding of the financial professionals they work with. Before handing over money to anyone, brokers should be vetted properly. This is why the Financial Industry Regulatory Authority (FINRA)…

These four brokers have been accused of numerous infractions National Securities Corporation has been operating for decades and has offices and brokers all over the U.S. Unfortunately, however, a significant percentage of their brokers have been involved in numerous customer complaints. Here are just a few examples of how National…

According to some reports, nearly 1/3 of National Securities brokers have had regulatory issues, legal disputes, or personal financial problems that have been disclosed to investors National Securities Corporation is one of the oldest financial firms in the U.S., dating back over 70 years. Its the main office is in…

The elder financial fraud allegations reportedly cost elderly investors over $1M of retirement savings Once a prominent Methodist pastor in Houston, Texas, Kirbyjon Caldwell is now charged by the SEC with numerous counts of money laundering and wire fraud. The charges are directly related to a scheme Caldwell and his…

Here’s what you need to do now Elder financial fraud continues to be a lucrative scheme in America, which is why seniors and their loved ones always need to keep their guard up. We have previously discussed how to spot fraud and what some financial institutions are doing to prevent…