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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: mungofitch 🐝🐝🐝🐝 SILVER
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Number: of 15062 
Subject: Re: Schwab: Problem to invest cash
Date: 09/22/2023 12:35 PM
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but rather it is forbidden to EU residents by EU rules. Eurofolks have to buy UCITS.

FWIW, if you really want to buy US exchange traded funds/notes, this article claims to discuss a few ways around the problem that might be worth investigating.
https://www.expatfinance.us/general/us-etfs-in-eur...

For example, snip:
"The EU restrictions on US-ETFs does not affect to sale of options on the respective ETFs. Therefore, a European broker can allow European retail investors to buy and sell options (put and call options) on US-ETFs. Typical options expire weekly, monthly or quarterly and there exist options for most major US-ETFs. Therefore, European investors could sell cash-covered in-the-money put options shortly before their expiration, which are almost certain to be exercised. This leads to an indirect purchase of the underlying US-ETF in multiples of 100 shares (as each option contract requires the purchase and sale of 100 shares). This approach is a bit cumbersome, but perfectly legal and in full compliance with current EU regulation. "

Jim
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