VelocityShares Daily Long VIX Short-Term ETNs – Investor Alert

Investigating Potential claims involving VelocityShares Daily Long VIX Short-Term ETNs

Did you lose money investing in VelocityShares Daily Long VIX Short-Term ETNs at the advice of your financial advsior? If so, the securities attorneys at The White Law Group may be able to help you.

VelocityShares Daily Long VIX Short-Term ETNs are issued by Credit Suisse AG. According to reports, the ETN is down 66.82% so far this year.

The Risks of Exchange Traded Notes

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.

The Credit Suisse VelocityShares Daily Long VIX Short-Term ETNs offers leveraged exposure to VIX contracts; Each ETN is linked to either the S&P 500 VIX Short-Term Futures Index or the S&P 500 Mid-Term Futures Index. VelocityShares VIX is clearly a risky investment.

The White Law Group is currently investigating the liability that brokerage firms may have for recommending complicated and high risk ETNs like VelocityShares Daily Long VIX Short-Term ETNs.

According to the prospectus, The ETNs are intended to be 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 longer 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 longer than one day.

FINRA and the SEC have been increasing their efforts to regulate nontraditional ETFs and ETNs such as VelocityShares Daily Long VIX Short-Term ETNs, and to monitor the manner in which these products are marketed and sold to the investing public.

If you have suffered losses investing in VelocityShares Daily Long VIX Short-Term ETNs, the securities attorneys of The White Law Group may be able to help.  For a free consultation, please call the firm 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.  The firm exclusively represents investors in FINRA arbitration claims against their brokerage firm or financial professional.

For more information on The White Law Group, visit https://whitesecuritieslaw.com.