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Is the six-year rule different for alternative investments?

No. Under FINRA Rule 12206, arbitration claims can be filed within six years from the occurrence or event giving rise to the claim. The same eligibility rule applies to alternative investments, even if they have long maturities or lock-up periods. Because alternative products are often illiquid, many investors do not realize the full extent of their losses until years later, or until the issuer files for bankruptcy, as GWG Holdings did, which affected thousands of GWG L Bond investors. Arbitrators decide questions about eligibility, which makes it critical to act quickly to protect your rights.

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