ETRACS 2xMonthly Leveraged Long Alerian MLP Infrastructure Index ETN (NYSE Arca: MLPL) Suspended by UBS AG

UBS AG announced that it has suspended sales of its outstanding ETRACS 2xMonthly Leveraged Long Alerian MLP Infrastructure Index ETN (NYSE Arca: MLPL) and other ETRACS products.
March 2020 Update:
The following were suspended:

The suspension will remain in effect until further notice from UBS AG. On October 8, 2015, UBS AG announced that it would not issue any new notes of this ETN, which is part of a series of UBS AG debt securities designated as “Medium-Term Notes, Series A.” UBS does not intend to sell previously issued but unsold notes of this ETN or notes of this ETN that UBS Securities LLC may acquire in the future. This ETN will continue to trade on the NYSE Arca.
ETRACS ETNs are senior unsecured medium term notes issued by UBS AG. They are traded on NYSE Arca, and can be bought and sold through a broker or financial advisor. An ETRACS ETN involves high risks, including the loss of some or all of the investor's principal. The investor is not guaranteed any payment or coupon amount under the ETNs.
The Swiss-based UBS is worldwide. It has offices in over 50 countries, with 35% of its employees working in the Americas, 36% in Switzerland, 17% in the remainder of Europe, the Middle East and Africa and 12% in Asia Pacific. UBS Group AG employs approximately 60,000 people worldwide. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).
This announcement does not affect the terms of the outstanding ETRACS 2xMonthly Leveraged Long Alerian MLP Infrastructure Index ETNs, which includes the right of noteholders to require UBS AG to redeem their notes on the terms, and at the redemption price, set in the prospectus supplement and the right of UBS AG to call the notes at the prices and under the circumstances set forth in the prospectus supplement.
If you have sustained losses in UBS AG’s high-risk, ETRACS 2xMonthly Leveraged Long Alerian MLP Infrastructure Index ETN (NYSE Arca: MLPL), recommended to you by your broker or financial advisor for your otherwise conservative portfolio, contact Soreide Law Group for a free consultation with an attorney on possible recovery of your financial investment at: 888-760-6552.