The White Law Group is continuing its investigation of broker dealers who may have unsuitably recommended UBS Yield Enhancement Strategy to investors.
According to an article in Financial News this week, Yield Enhancement Strategy, or YES, has reportedly generated at least $60 million in losses for clients and more than two dozen customer complaints thus far.
The Yield Enhancement Strategy is an option-based trading strategy, designed “to generate returns through the strategic sale and purchase of SPX index option spreads,” according to UBS.
UBS offered the Yield Enhancement Strategy typically to high net worth investors who were required to allocate a minimum Mandate to the UBS YES program.
According to reports, UBS Yield Enhancement Strategy investors have suffered substantial losses in their portfolios. While some investors are expressing serious concerns, the losses are reportedly continuing to increase.
Unfortunately, it appears that some UBS YES investors were asked to provide additional collateral and/or are facing margin deficits.
Others reportedly were not able to get out of the Yield Enhancement Strategy programs, and could be facing catastrophic losses.
YES Investors may have claims.
The White Law Group is investigating potential securities fraud claims involving broker dealers who may have unsuitably recommended UBS Yield Enhancement Strategy to investors.
If you have suffered losses investing in UBS YES, please contact the securities attorneys at The White Law Group. For a free consultation, please call the offices at 888-637-5510.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.
We represent investors in FINRA arbitration claims in all 50 states. Our attorneys have recovered millions of dollars from many brokerage firms in the past, including UBS.
For more information on The White Law Group, and its representation of investors, please visit www.WhiteSecuritiesLaw.com.