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JP Morgan Chase BK NA Columbus Ohio CTF DEP 

JP Morgan Chase BK NA Columbus Ohio CTF DEP, featured by Top Securities Fraud Attorneys, The White Law Group

Investor Alert: Index linked Certificates of Deposit by JP Morgan Chase

Are you concerned about your investment in an index linked Certificate of Deposit with JP Morgan Chase? If so, the securities attorneys at the White Law Group may be able to help you by filing a FINRA Dispute Resolution Claim against the brokerage firm that sold you the investment.

Market-linked CDs or index-linked CDs are certificates of deposit with a return based on a market index such as the S&P 500, a basket of equities or some combination of both.

These index linked CDs often underperform due to: 1) fees if you cash out early, 2) returns that are taxable as interest, 3) a cap on any gains,4) a risk of being redeemed by the issuing institution before maturity and 5) they are vulnerable to the impact of a weaker market.

Perhaps the biggest problem is the confusion created by calling these CDs.  Index linked CDs are not traditional CDs at all and are considerably more risky than a CD issued by a bank.

Based on information and belief, JP Morgan Chase BK NA Columbus Ohio CTF DEP is linked to the S&P Economic Cycle Factor Rotator Index.

Securities Investigation – JP Morgan Chase BK NA Columbus Ohio CTF DEP   

The White Law Group is investigating the liability that FINRA registered brokerage firms and SEC registered RIAs may have for unsuitably recommending the index linked CD JP Morgan Chase BK NA Columbus Ohio CTF DEP to investors.

Brokerage firms and RIAs are required to perform due diligence on any offering they recommend and to ensure that all recommendations made are suitable in light of the client’s age, investment experience, net worth, income, and investment objectives.

If a firm fails to perform due diligence or makes an unsuitable recommendation, a broker-dealer can be held responsible for any losses in a FINRA arbitration claim and an RIA can be held responsible either in a private arbitration or in court.

If you have concerns regarding your investment in JP Morgan Chase BK NA Columbus Ohio CTF DEP and would like to speak with a securities attorney about your options, please call The White Law Group at 888-637-5510.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.

For more information on The White Law Group and its representation of investors in FINRA arbitration claims, visit https://www.whitesecuritieslaw.com.




Tags: , , , , , , Last modified: August 28, 2019