Have you suffered losses investing in Energy Sector Exchange-Traded Funds (“ETFs”)? If so, the securities attorneys of The White Law Group may be able to help you recover your losses in a FINRA arbitration claim against the brokerage firm that recommended the investment.
Crude oil prices have crashed over the last several months, bringing the Energy Sector down with it. Over the last three months, the Energy Sector is down by 22.30%. Energy ETFs offer exposure to the Energy Sector by linking to an index of commodity related equities that tracks either the overall Energy Sector, industries within the Energy Sector, or individual energy commodities, such as crude oil, gasoline, heating oil, natural gas, or others.
While ETFs are often sold as conservative ways to track the market, or a particular sector of the market, this is an over-simplification of the complicated trading strategies necessary to accomplish this. Additionally, tracking a particular sector of the market is not necessarily a conservative trading strategy (depending on the concentration level of the investment relative to the other assets in your account and the particular sector).
Financial professionals and brokerage firms that sell such products are required to perform adequate due diligence on the investments to ensure a reasonable likelihood of success, and to evaluate whether the investments are suitable in light of the client’s age, net worth, investment experience, and investment objectives. Firms that fail to perform adequate due diligence, or that make unsuitable recommendations, can be held responsible for losses in a FINRA arbitration claim.
If your financial advisor bet big on an Energy Sector ETFs and you suffered substantial losses, you may have a claim to recover your losses through FINRA arbitration.
If you suffered losses investing in Energy Sector ETFs and would like a free consultation with a securities attorney, please call The White Law Group at 312/238-9650.
The White Law Group is a national securities arbitration, securities fraud, and investor protection law firm with offices in Chicago, Illinois and Vero Beach, Florida.
For more information on The White Law Group, visit https://whitesecuritieslaw.com.
The following is a list of some of the Energy Sector ETFs currently available (many of which has suffered substantial losses):
JJE – iPath® DJ-UBS Energy SubTR ETN
OLEM – iPath® Pure Beta Crude Oil ETN
OLO – PowerShares DB Crude Oil Long ETN
UBN – UBS ETRACS CMCI Energy Total Return ETN
GAZ – iPath® DJ-UBS Natural Gas SubTR ETN
TWTI – RBS Oil Trendpilot™ ETN
CRUD – Teucrium WTI Crude Oil ETF
UNG – United States Natural Gas ETF
UNL – United States 12 Month Natural Gas ETF
DBE – PowerShares DB Energy ETF
UGA – United States Gasoline ETF
RJN – ELEMENTS Rogers Intl Cmdty Energy TR ETN
BNO – United States Brent Oil ETF
USO – United States Oil ETF
USL – United States 12 Month Oil ETF
DBO – PowerShares DB Oil ETF
OIL – iPath® S&P GSCI® Crude Oil TR ETN
UHN – United States Diesel-Heating Oil ETF
ONG – iPath® Pure Beta Energy ETN
DCNG – iPath® Seasonal Natural Gas ETN
IOIL – IQ Global Oil Small Cap ETF
FILL – iShares MSCI Global Energy Producers
ENY – Guggenheim Canadian Energy Income ETF
XES – SPDR® S&P Oil & Gas Equipment&Svcs ETF
IPW – SPDR® S&P International Energy Sect ETF
IXC – iShares Global Energy
FRAK – Market Vectors® Unconvnt Oil & Gas ETF
PXJ – PowerShares Dynamic Oil & Gas Svcs ETF
EMLP – First Trust North Amer Engy InfrasETF
FENY – Fidelity® MSCI Energy ETF
VDE – Vanguard Energy ETF
OIH – Market Vectors® Oil Services ETF
IYE – iShares US Energy
XLE – Energy Select Sector SPDR® ETF
IEZ – iShares US Oil Equipment&Services
PXI – PowerShares DWA Energy Momentum ETF
IEO – iShares US Oil&Gas Explor&Prodtn
FXN – First Trust Energy AlphaDEX® ETF
RYE – Guggenheim S&P 500® Equal Wt Energy ETF
FCG – First Trust ISE-Revere Natural Gas ETF
PXE – PowerShares Dynamic Engy Explr&Prdtn ETF
XOP – SPDR® S&P Oil & Gas Explor & Prodtn ETF
PSCE – PowerShares S&P SmallCap Energy ETF
MLPJ – Global X Junior MLP ETF
ENFR – Alerian Energy Infrastructure ETF
MLPX – Global X MLP & Energy Infrastructure ETF
YMLI – Yorkville High Income Infras MLP ETF
MLPG – UBS ETRACS Alerian Natural Gas MLP ETN
MLPN – Credit Suisse Equal Weight MLP ETN
MLPW – UBS ETRACS Wells Fargo MLP ETN
AMLP – Alerian MLP ETF
MLPI – UBS ETRACS Alerian MLP Infras ETN
AMJ – JPMorgan Alerian MLP ETN
AMU – UBS ETRACS Alerian MLP ETN
IMLP – iPath® S&P MLP ETN
ATMP – Barclays ETN+ Select MLP
MLPO – Credit Suisse S&P MLP Index ETN
AMZA – InfraCap MLP ETF
ZMLP – Direxion Zacks MLP High Income ETF
YGRO – RBC Yorkville MLP Dis GrLdrs Liqd PR ETN
JUNR – Global X Junior Miners ETF
GNAT – WisdomTree Global Natural Resources ETF
RTM – Guggenheim S&P 500® Eq Wt Materials ETF
PICK – iShares MSCI Glbl Metals & Mining Prdcrs
IRV – SPDR® S&P International Matls Sect ETF
REMX – Market Vectors® Rare EarthStrat Mtls ETF
PYZ – PowerShares DWA Basic Materials Mom ETF
URA – Global X Uranium ETF
CUT – Guggenheim Timber ETF
XLB – Materials Select Sector SPDR® ETF
MXI – iShares Global Materials
GUNR – FlexShares Mstar Glbl Upstrm Nat Res ETF
FMAT – Fidelity® MSCI Materials ETF
GNR – SPDR® S&P Global Natural Resources ETF
SOIL – Global X Fertilizers/Potash ETF
CRBQ – Global Commodity Equity ETF
MOO – Market Vectors® Agribusiness ETF
IYM – iShares US Basic Materials
VAW – Vanguard Materials ETF
VEGI – iShares MSCI Glbl Agriculture Producers
COPX – Global X Copper Miners ETF
FXZ – First Trust Materials AlphaDEX® ETF
HAP – Market Vectors® Natural Resources ETF
SLX – Market Vectors® Steel ETF
XME – SPDR® S&P Metals and Mining ETF
IGE – iShares North American Natural Resources
GRES – IQ Global Resources ETF
WOOD – iShares Global Timber & Forestry
PAGG – PowerShares Global Agriculture ETF
PSCM – PowerShares S&P SmallCap Materials ETF
CU – First Trust ISE Global Copper ETF
Tags: Energy ETF investigation, Energy ETF lawsuit, Energy ETF losses, Energy ETF risk, ETF fraud attorney, ETF fraud lawyer Last modified: July 17, 2015