Articles Tagged with Exchange-Traded Fund Lawyers

Did You Suffer Leveraged ETF Losses While Working With Former Ameriprise Broker George Snyder IV? Our Exchange-Traded Fund Lawyers Can Help You Determine Whether Broker Misconduct Was A Factor

While there is the potential for making huge gains with a leveraged exchange-traded fund (leveraged ETF), there is also the risk of huge losses. This can be especially devastating if you are a retail investor who was unsuitably recommended this alternative investment by your financial advisor. Shepherd Smith Edwards and Kantas (investorlawyers.com) represent ETF investors with securities fraud claims against their broker-dealers.

We are currently investigating leveraged ETF losses involving former customers of suspended Ameriprise Financial broker George Snyder IV. The ex-Missouri financial advisor recently consented to a five-month suspension term and a $10K fine to settle Financial Industry Regulatory Authority (FINRA) findings alleging that he unsuitably recommended investments—non-traded exchange-traded products (NT-ETPS), particularly leveraged ETFs—that were not in some customers’ best interests.