Ft. Lauderdale, Fl. April 11, 2016 –In an Investor Alert issued today on its website marktepper.com the Mark A. Tepper law firm asks investors: “Did your broker recommend non-traditional Exchange Traded Funds (“ETFs”), like leveraged and inverse ETFs?
Did your broker recommend Direxion Financial Bear 3x (FAZ), Direxion Small Cap Bear 3x (TZA) or Direxion Financial Bull 3x (FAS)? Or did your broker recommend buying or selling put or call options on ETFs like FAZ, TZA or FAS? Or did your broker recommend Proshares VIX Short term (VIXY) or options on VIXY?
The Investor Alert cautions investors that if they suffered losses in any of these leveraged and inverse ETF products, they may have a claim for recovery from their broker.
Attorney Mark Tepper, who is the former Chief Trial Counsel at the New York Attorney General’s Bureau of Investor Protection and Securities, said that some brokers are recommending leveraged and inverse ETFs without disclosing FINRA’s view that they are generally unsuitable for retail customers.
To discuss filing a claim for recovery of your losses, you can email attorney Mark A. Tepper at askmark@marktepper.com or telephone the Mark A. Tepper law firm at 954-961-0096.
About Mark A. Tepper, P.A. (www.MarkTepper.com)
Attorney Mark A. Tepper is the former Chief Trial Counsel at the New York Attorney General’s Bureau of Investor Protection and Securities. He has earned the reputation of “Investor Advocate” while practicing law for over 35 years representing individual investors. FINRA arbitrators have upheld claims filed by Mr. Tepper against a number of financial services companies. A member of the Florida, New York and California Bars, Mr. Tepper is peer-reviewed for 15 consecutive years, AV PREEMINENT® for ethical standards and legal ability, the highest rating of lawyers in the Martindale-Hubbell Law Directory.
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Mark Hopkinson, NewsMark Public Relations
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