Fidelity Investments Institutional Services Company, Inc. and Fidelity Distributors Corporation
Violation
Financial Market Violations
Penalty
$400,000.00
Year
2007
Agency
Financial Industry Regulatory Authority
Jurisdiction
Federal
描述
NASD fined two Fidelity broker-dealers $400,000 for preparing and distributing deceptive sales literature promoting Fidelity's Destiny I and II Systematic Investment Plans, which were sold primarily to U.S. Military personnel.