| Date | 2019 |
|---|---|
| Amount | Confidential |
Jared achieved a confidential settlement on behalf of a client who had been advised to invest heavily in inverse ETFs (also known as “short ETFs” or “bear ETFs”). These exchange traded funds bet against the stock market and only make money when the market goes down. If the market goes up, inverse ETFs lose money.
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Past results afford no guarantee of future results and every case is different and must be judged on its own merits.