GREY:BTTPF - Post by User
Comment by
charlanvinon Feb 07, 2018 2:59pm
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Post# 27521312
RE:RE:RE:RE:For all of you that want to start a Class action
RE:RE:RE:RE:For all of you that want to start a Class action
I don't think that a class action against HVI is out of the question
"And don't kid yourself: The blow-up of the XIV is going to have repercussions.
I don't care how long the prospectus was, or how many risks it covered, or how much Credit Suisse warned everyone, I wouldn't be surprised if there were lawsuits.
And you can bet that regulators are sitting up and paying attention.
The SEC and the CFTC has repeatedly warned about leveraged and inverse products, many of which are Exchange Traded Notes, which are not backed by any product but instead are backed by the assets of the company issuing the note (in the case of XIV it is Credit Suisse).
cnbc /2018/02/06/wall-streets-effort-to-turn-volatility-into-an-asset-class-is-partly-to-blame-for-this-market-chaos.html
NOTICE TO VELOCITYSHARES INVESTORS The Securities Arbitration Law Firm of Klayman & Toskes, P.A. Announces Investigation
financeyahoo news/notice-velocityshares-investors-daily-inverse-155600216.html