{"id":28423,"date":"2022-07-28T09:00:46","date_gmt":"2022-07-28T14:00:46","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=28423"},"modified":"2022-07-29T10:59:04","modified_gmt":"2022-07-29T15:59:04","slug":"arbitration-ruling-over-ubs-yes","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/arbitration-ruling-over-ubs-yes\/","title":{"rendered":"UBS Financial Ordered to Pay Punitive Damages in $1.3M Arbitration Ruling Over YES Strategy"},"content":{"rendered":"

Broker-Dealer Losses Yet Another Investor Claim Involving Its Yield Enhancement Strategy\u00a0<\/span><\/h2>\n

A Financial Industry Regulatory Authority arbitration panel has awarded investors $1.34M, including punitive damages,\u00a0 for losses sustained in the <\/span>UBS Yield Enhancement Strategy<\/span><\/a>. This is the latest award related to <\/span>UBS Financial\u2019s<\/span><\/a> complex options trading strategy that has cost investors over $1B.<\/span><\/p>\n

In June 2022, UBS agreed to pay $25M to settle Securities and Exchange Commission (SEC) fraud charges accusing the firm with failure to provide its brokers with proper training and oversight in the YES program even as they sold this strategy to hundreds of investors. This purportedly caused many of the firm\u2019s financial advisors to not fully comprehend the risks involved and affected their ability to determine whether the Yield Enhancement Strategy was, in fact, in the best interests of these customers.\u00a0<\/span>\u00a0<\/span><\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Broker-Dealer Losses Yet Another Investor Claim Involving Its Yield Enhancement Strategy\u00a0 A Financial Industry Regulatory Authority arbitration panel has awarded investors $1.34M, including punitive damages,\u00a0 for losses sustained in the UBS Yield Enhancement Strategy. This is the latest award related to UBS Financial\u2019s complex options trading strategy that has cost investors over $1B. In June […]<\/p>\n","protected":false},"author":2,"featured_media":28424,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3762,4583],"tags":[3000,4674],"class_list":["post-28423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-investigations","category-ubs-financial-services","tag-ubs","tag-ubs-yes"],"yoast_head":"\nInvestment Lawyers Representing Investors Against UBS Financial<\/title>\n<meta name=\"description\" content=\"Investment Lawyers at SSEK represent investors against UBS Financial losses pursuing damages. If you\u2019re a UBS investor, contact SSEK for a cause evaluation\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/arbitration-ruling-over-ubs-yes\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Investment Lawyers Representing Investors Against UBS Financial\" \/>\n<meta name=\"twitter:description\" content=\"Investment Lawyers at SSEK represent investors against UBS Financial losses pursuing damages. If you\u2019re a UBS investor, contact SSEK for a cause evaluation\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2022\/07\/Securities-lawyers-against-GWG-at-SSEK-1.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards & Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Investment Lawyers Representing Investors Against UBS Financial","description":"Investment Lawyers at SSEK represent investors against UBS Financial losses pursuing damages. 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