Massachusetts fines Fidelity $750,000 for rubber-stamping options trading applications
The Bay State has fined Fidelity Brokerage Services $750,000 over the corporate’s previous observe of rubber-stamping choices buying and selling purposes. Secretary of the Commonwealth William Galvin has handed down the high quality to Fidelity in response to what he has known as a “half-hearted and lackadaisical attitude” towards safeguarding retail buyers. In the consent…