Written by 11:29 am Blog, Securities Fraud Articles

Recovery of Energy Sector Exchange-Traded Funds

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: , , , , , Last modified: July 17, 2015