UBS YES involved investing in options with a complex series of put and call spreads with the same expiration date and different strike prices with a strategy called an “iron condor”.
UBS marketed its Yield Enhancement Strategy as a safe way for investors to increase return on their money at a time when interest rates were low. Unfortunately, it was quite risky, the risk may not have been adequately disclosed, and some investors lost a lot of money.
For more information, and to discuss a potential claim call Sallah Astarita & Cox, LLC at 212-509-6544. The firm represents investors and financial professionals across the country and has represented parties in over 700 arbitrations.