The Bay State has fined Fidelity Brokerage Services $750,000 over the company’s past practice of rubber-stamping options trading applications. Secretary of the Commonwealth William Galvin has handed ...

Fidelity Brokerage Services’ “lackadaisical attitude” towards how it reviewed options trading applications put retail investors at risk, according to Massachusetts Commonwealth Secretary William ...

Massachusetts Secretary of the Commonwealth William F. Galvin Monday fined Fidelity Brokerage Services $750,000 over the company’s alleged past practice of "rubber-stamping" clients' applications to ...

Massachusetts regulators have charged Fidelity with failing to properly vet options applications designed to determine which clients are suited to taking on the additional leverage associated with ...

A Fidelity Investments subsidiary has agreed to pay a $750,000 fine after Secretary of State William Galvin accused the Fidelity unit of improperly rubber-stamping applications for options-trading ...

Fidelity Brokerage Services (FBS) failed to properly vet Massachusetts retail investors who applied to be approved to conduct options and margin trading, according to a new complaint filed by ...