iPath US Treasury Long Bond Bear ETN (DLBS) Investment Losses

iPath US Treasury Long Bond Bear ETN (DLBS) Delisted on March 6, 2020

Have you suffered losses investing in iPath US Treasury Long Bond Bear ETN (DLBS)? 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.

According to reports this week, close to 30 leveraged and inverse exchange-traded products had been delisted, closed or automatically accelerated; or their issuers had announced that they would be doing so soon.

Unfortunately for investors, iPath US Treasury Long Bond Bear ETN has reportedly been delisted after the indicative value declined below minimum listing standard on Mar. 6, 2020.

Delisting occurs when an ETF or an ETN falls below the minimum share price required by the exchange. In that case, the product is automatically taken off the exchange and no more trades can be executed in it, except via over-the-counter markets.

However, the fund isn’t closed, and investors are left trying to figure out how to liquidate their positions.

Risks of Investing in Exchange-traded Notes (ETNs)

The White Law Group continues to investigate the liability that brokerage firms may have for recommending complex and risky ETNs like DLBS to investors.

An exchange-traded note (ETN) is a senior, unsecured, unsubordinated debt security issued by an underwriting bank. Similar to other debt securities, ETNs have a maturity date and are backed only by the credit of the issuer. ETNs are designed to provide investors access to the returns of various market benchmarks.

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.

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 your financial advisor has over-concentrated your assets in any sector or investment, particularly one as volatile as the iPath US Treasury Long Bond Bear ETN (DLBS) and you suffered substantial losses, you may have a claim 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://whitesecuritieslaw.com.