Did You Invest in J.P. Morgan’s Callable Interest Rate Spread CDs due June 30, 2034 Linked to the 30-Year U.S. Dollar Constant Maturity Swap Rate and the 2-Year U.S. Dollar Constant Maturity Swap Rate (CUSIP: 48125TPG4)?
According to J.P. Morgan’s prospectus on CUSIP: 48125TPG4:
The CDs are designed for investors who seek exposure to any appreciation of the JPMorgan ETF Efficiente 5 Index over the term of the CDs. Investors should be willing to forgo interest and dividend payments, while seeking full repayment of principal at maturity.
Investors ought to be cautious with this type of investment. According to the Financial Industry Regulatory Authority (FINRA):
If you bought the structured product known as J.P. Morgan’s Callable Interest Rate Spread CDs due June 30, 2034 Linked to the 30-Year U.S. Dollar Constant Maturity Swap Rate and the 2-Year U.S. Dollar Constant Maturity Swap Rate CUSIP: 48125TPG4, and it was sold to you as a safe, liquid, and/or conservative investment, and then you suffered losses, you may have a claim. Contact the attorneys at Sonn Law Group for free consultation.
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