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Were Fidelity traders living the high life?(Reverse Spin)

Publication: Investment News
Date: Monday, May 9 2005

Byline: Frederick P. Gabriel Jr.

This gives "pay to play'' a whole new meaning.

Federal investigators are looking into whether some traders at Boston-based Fidelity Investments accepted drugs from Wall Street brokers in exchange for directing Fidelity's trading business toward the brokers, according to published reports on Friday.

U.S. Attorney Michael J. Sullivan in Boston has reportedly empanelled a grand jury to probe illegal activities involving Fidelity's stock-trading desk and has fired off subpoenas to various traders and brokers to testify

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Getting a handle on handouts; Fidelity case prompts advisers to look...

Byline: Frederick P. Gabriel Jr. BOSTON - As federal investigators bear down on Fidelity traders for allegedly steering business to brokers that lavished them with ......

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Byline: Frederick P. Gabriel Jr. It won't be long before brokers are expected to disclose whether they wear boxers or briefs. NASD on Thursday proposed ......

Reverse Spin: War, weather beat up U.S. economy.(Briefs)

Byline: Frederick P. Gabriel Jr. Quick! Somebody get a cane for this ailing economy. The economy limped along in the first quarter, according to a ......

Putnam goes under the microscope again.(Reverse Spin)

Byline: Frederick P. Gabriel Jr. Putnam Investments LLC just can't get those regulators off its back. The Department of Labor is investigating the Boston mutual ......

New York's Spitzer reaches for the stars.(Reverse Spin)

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Yen Hits 10-Month High.

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Parent Fidelity hurt by a wild child.(Reverse Spin)

Byline: Rick Miller Fidelity Investments' clean record has been shredded, thanks to some of its brokerage employees. The Boston-based mutual fund giant's Fidelity Brokerage Co....

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