Company: SVIX
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087932
Chunk: 161

Company: VS Trust
Filing Date: 2025-09-16
Form: 424B3
Chunk 161
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, proxy and information statements and other information regarding the Trust and the Funds. 98 FUTURES COMMISSION MERCHANTS Each Fund uses Advantage Futures LLC (“Advantage”); Marex Capital Markets Inc. (formerly E D & F Man Capital Markets Inc.) (“Marex”); StoneX Financial Inc. (“StoneX”); Straits Financial LLC; RBC Capital Markets LLC (“RBC Capital”); Clear Street LLC (“Clear Street”); and ADM Investor Services, Inc. (“ADMIS”), each in its capacity as a registered FCM, as its FCM. Each FCM, except RBC Capital, serves as a clearing broker to the Trust and each Fund and as such arranges for the clearing of a Fund’s futures transactions. RBC Capital, serves as an executing broker to the Trust and each Fund and as such arranges for the execution of a Fund’s futures transactions. Each FCM acts as clearing broker for many other funds and individuals. A variety of executing brokers may execute futures transactions on behalf of the Funds. The executing brokers will give up all such transactions to an FCM. Investors should be advised that no FCM is affiliated with or acts as a supervisor of a Fund or the Fund’s commodity pool operators, commodity trading advisors, investment managers, trustees, general partners, administrators, transfer agents, registrars or organizers, as applicable. Additionally, no FCM is acting as an underwriter or sponsor of the offering of any Shares or interests in a Fund or has passed upon the merits of participating in this offering. No FCM has passed upon the adequacy of this Prospectus or on the accuracy of the information contained herein. Additionally, no FCM provides any commodity trading advice regarding a Fund’s trading activities. Investors should not rely upon any such FCM in deciding whether to invest in a Fund or retain their interests in the Fund. Investors should also note that a Fund may select additional clearing brokers or replace any FCM as the Fund’s clearing broker. Litigation and Regulatory Disclosure Relating to FCMs Any material administrative, civil or criminal action, whether pending or concluded, within five years preceding the date of the date of this Prospectus, against any FCM, is disclosed below. An action is material if: •the action would be required to be disclosed in the notes to the FCM’s financial statements prepared pursuant to generally accepted accounting principles; •the action was brought by the CFTC (unless the action was concluded, did not result in civil monetary penalties exceeding $50