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Too Young to Trade? Fidelity's Age Oversight Costs Firm $900,000

Too Young to Trade? Fidelity's Age Oversight Costs Firm $900,000
Financial services firm Fidelity Brokerage Services has agreed to pay a $900,000 fine to settle charges by Wall Street's self-regulator that flaws in the company's system for approving customers to trade options resulted in violations of the Financial Industry Regulatory Authority (FINRA) rules. The issue is about allowing too young investors to trade options.FINRA Claims That a 19-Year-Old Cannot Trade OptionsFINRA has announced that it has censured Fidelity and fined the firm for failing to ex... Read More
Posted: Oct 3 2023, 11:36
Author Name: financemagnates
Views: 092129

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