The Wall Street Journal recently reported in the article, The Oil Crash is Hitting this Investment Hard, “the plunge in crude-oil prices is sending shock waves through closed-end funds tracking the energy sector, highlighting how the market turmoil is hitting products popular with ordinary investors seeking to boost returns during the long bull market.” Goldman […]
Investors who hold structured products (also known as “structured notes”) tied to oil and gas may be at risk of significant losses. This may include structured notes tied to the following stocks, among others: Western Midstream Partners, LP (WES) Apache Corporation (APA); Targa Resources Corp. (TRGP); Continental Resources, Inc. (CLR); Cenovus Energy Inc. (CVE); Occidential […]
With the influx in volatility and the arrival of the U.S. stock market’s first Bear Market in more than a decade, those trading on margin may be exposed to forced liquidations and/or margin calls following the market’s recent, aggressive selloff. Broker-dealers require those trading on margin to maintain as collateral a specified percentage of qualified […]