Galvin Legal is launching an investigation on behalf of investors who suffered losses investing in Collateral Yield Enhancement Strategy (CYES) at the recommendation of their financial advisor. If you suffered losses investing in Collateral Yield Enhancement Strategy (CYES), then Galvin Legal may be able to help you recover your losses in a Financial Industry Regulatory Authority (“FINRA“) arbitration claim against the brokerage firm that recommended the investment.
The CYES is a complicated and high risk options strategy that is managed by Harvest Volatility Management, LLC. The CYES invests in a portfolio of “iron condor” investments that have the potential for catastrophic losses to the investor.
FINRA requires brokerage firms to conduct due diligence on investments and to conduct a suitability analysis when recommending securities to a customer that takes into account the customer’s knowledge and experience. Brokerage firms that fail to conduct adequate due diligence or that make unsuitable recommendations can be held responsible for the customer’s losses in a FINRA arbitration claim.
Galvin Legal is a national securities arbitration, mediation, fraud, and investor protection law practice. For more information on Galvin Legal, please visit www.galvinlegal.com or call 1-800-405-5117.