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KM Financial Solutions | UPDATE 1-Fidelity restricts clients from buying ‘fear gauge’ ETF
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UPDATE 1-Fidelity restricts clients from buying ‘fear gauge’ ETF

08 Feb UPDATE 1-Fidelity restricts clients from buying ‘fear gauge’ ETF

Posted at 20:27h in News by
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BOSTON/NEW YORK, Feb 9 (Reuters) – Fidelity Investments on
Friday told clients they could not buy shares in an
exchange-traded fund that bets on the direction of Wall Street’s
“fear gauge,” after the product was sideswiped by a selloff in
stocks and lost 90 percent of its value this week.

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