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ETRACS Alerian MLP Index ETN Class B ( (AMUB) ) has provided an announcement.
On February 19, 2026, UBS Group AG, UBS AG and UBS Americas Inc. launched rescission offers to certain investors who bought specified debt securities between May 1, 2022 and February 19, 2026, tied to instruments originally issued by Credit Suisse affiliates. The offers address historical secondary market-making transactions in these notes that occurred without an effective U.S. Securities Act registration statement, creating potential rescission rights for affected purchasers.
The moves follow the June 12, 2023 merger of Credit Suisse Group into UBS Group AG, after which UBS affiliates continued market-making in both UBS Group and UBS Americas securities despite the lapse or non-use of registration statements. By voluntarily offering to unwind those purchases and return proceeds as described in a new prospectus, UBS is seeking to remediate technical U.S. securities law compliance issues, limit legal exposure, and provide clarity and potential recovery options for impacted noteholders.
More about ETRACS Alerian MLP Index ETN Class B
UBS Group AG and its subsidiary UBS AG are global financial services institutions based in Zurich and Basel, Switzerland, with significant operations in investment banking, wealth management, and capital markets. Through various affiliates, including UBS Americas Inc., the group issues and markets debt securities to international and U.S. investors, with a focus on structured products and corporate debt instruments.
Average Trading Volume: 1,134
See more data about AMUB stock on TipRanks’ Stock Analysis page.