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According to the UBS website, “the ETRACS 2xMonthly Leveraged Long Alerian MLP Infrastructure Index is designed to track a leveraged investment in the Alerian MLP Infrastructure Index (the “Index”), and pay a variable quarterly coupon linked to the leveraged cash distributions associated with the underlying MLP constituents, less financing costs and investor fees. The ETRACS 2xMonthly Leveraged S&P MLP Index ETN (NYSE: MLPV) (“MLPV” or the “ETN”) is an exchange-traded note linked to the monthly compounded 2x leveraged performance of S&P MLP Index, less investor fees. MLPV has been approved for listing on the NYSE Arca® exchange (subject to official notice of issuance) and pays a variable quarterly coupon linked to the cash distributions, if any, on the Index constituents.”
The stock market attorneys at Colling Gilbert Wright have decades of combined experience helping victims of unscrupulous brokers get justice. To schedule your free consultation or to learn more about your rights, please contact us online or by calling (888) 513-3010 today. Our FINRA attorneys represent victims of stockbroker fraud throughout the United States.
