EU rules block investors from buying ETFs
Rules that went into effect January 1, 2018, set out by the European Commission, “Mifid II,” prevent investors in the European Economic Area from investing in U.S. domiciled exchange-traded funds (ETFs), among others. Americans living in Europe are also finding themselves affected as they may have or will start to see their brokers limit access to these financial products. This greatly limits investor’s options, as Europe finds every way to keep investors’ money within the un