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VelocityShares 3x Inverse Natural Gas ETN Investment Losses

VelocityShares 3x Inverse Natural Gas ETN Investment Losses

Have you suffered losses investing in VelocityShares 3x Inverse Natural Gas ETN? If so, The White Law Group may be able to help you recovery your losses by filing a FINRA arbitration claim against the brokerage firm that sold you the investment.

According to RCM Investments website, VelocityShares 3x Inverse Natural Gas ETN is one of top 10 worst performing ETFs over the past twelve months, down 82.10%.

Issued by Credit Suisse AG, VelocityShares 3x Inverse Natural Gas ETN seeks to replicate, net of expenses, three times the opposite (inverse) of this GSCI Natural Gas Index ER. The index comprises futures contracts on a single commodity and is calculated according to the methodology of the S&P GSCI Index.

According to the prospectus, the ETNs are intended to be daily trading tools for sophisticated investors to manage daily trading risks. They are designed to achieve their stated investment objectives on a daily basis, but their performance over different periods of time can differ significantly from their stated daily objectives. The ETNs are riskier than securities that have intermediate- or long-term investment objectives, and may not be suitable for investors who plan to hold them for a period other than one day.

VelocityShares 3x Inverse Natural Gas ETN is a short term investment and should be traded as such.  Unfortunately, though, some advisors that recommended the VelocityShares 3x Inverse Natural Gas ETN fund failed to understand its short term nature and recommended that investors buy and hold the fund.

The White Law Group is investigating the liability brokerage firms may have for improperly recommending VelocityShares 3x Inverse Natural Gas ETN.  Brokerage firms are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor in light of that particular investor’s age, investment experience, net worth, risk tolerance, investment objectives, and income.  Firms that fail to perform adequate due diligence or that make unsuitable recommendations can be held responsible for investment losses in a FINRA arbitration claim.

If you suffered losses in VelocityShares 3x Inverse Natural Gas ETN fund and would like to discuss your litigation options, please call the securities attorneys of The White Law Group at 888-637-5510 for a free consultation.

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.  The firm represents investors in FINRA arbitration claims throughout the country.  For more information on the firm, visit http://whitesecuritieslaw.com.

 

 

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