Can investors in Currency ETCs lose money?
The price of Currency ETCs can go up or down, however investors cannot lose more than the amount of the initial investment. 17. Who regulates ETF Securities and Currency ETCs ETF Securities and its issuing subsidiaries are all incorporated in Jersey and are regulated by the Jersey Financial Services Commission (JFSC) and all require licences issued by the JFSC to conduct business. The Currency ETCs themselves are issued pursuant to a prospectus approved by the UK Listing Authority (part of the Financial Services Authority), which acts as the home regulator.
