Fidelity Investments Challenged Over Use of ‘Float Income’

By | March 8, 2013

  • March 8, 2013 at 11:36 am
    KK says:
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    I guess that green line in their commercials takes money from my pocket and deposits into their accounts……Now they just need to add the arrow on the green line from me to them.

  • March 8, 2013 at 6:23 pm
    Huh! says:
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    Using the float income to enrich their own pockets is certainly a violation of fiduciary trust. Even if they are only “borrowing” the funds to meet expenses, it is wrong! That money belongs to someone else. Fines and/or jail time would be appropriate.



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