February 9, 2018 / 7:54 PM / 6 months ago

Fidelity restricts clients from buying VIX fear gauge ETF

BOSTON, Feb 9 (Reuters) - Fidelity Investments on Friday alerted clients that they cannot buy shares in an exchange-traded fund that bets on the direction of the VIX fear guage.

“This security is restricted from online opening trades or restricted to closing trades only,” said an alert on Fidelity’s popular online brokerage. (Reporting By Tim McLaughlin Editing by Chizu Nomiyama)

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