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Fidelity Halts Investor Purchases Of Three VIX-Focused ETFs

TedTed
in The Bullpen
FYI: Fidelity Investments is halting investor purchases of three volatility-focused exchange traded funds to protect customers from outsized risk.

The products are: ProShares Short VIX Short-Term Futures, VelocityShares Daily Inverse VIX Short-Term ETN, and the VelocityShares Daily Inverse VIX Medium Term ETN.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-02-09/fidelity-halts-investor-purchases-of-three-vix-focused-etfs?srnd=etfcenter
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