Fidelity Brokerage Services LLC

10/02/2023: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2021071987001 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Fidelity Brokerage Services LLC (Respondent) Member Firm CRD No. 7784 Pursuant to FINRA Rule 9216, Respondent Fidelity Brokerage Services LLC (Fidelity) submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.

Reference 2021071987001data-portal.finra.orgfinra.org

05/23/2017: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20150465810-01 TO: Department of Market Regulation Financial Industry Regulatory Authority ("FINRA") RE: Fidelity Brokerage Services LLC, Respondent Broker-Dealer CRD No. 7784 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Fidelity Brokerage Services LLC (the "firm" or "Respondent'') submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule

Reference 20150465810-01data-portal.finra.orgfinra.org

05/23/2017: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO.20150465810-01 TO: Department of Market Regulation Financial Industry Regulatory Authority ("FINRA") RE: Fidelity Brokerage Services LLC, Respondent Broker-Dealer CRD No. 7784 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Fidelity Brokerage Services LLC (the "firm" or "Respondent'') submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule

Reference 2015046581001finra.orgdata-portal.finra.org

07/08/2011: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2008013056101 TO: Department of Enforcement Financial Industry Regulatory Authority ("FINRA") RE: Fidelity Brokerage Services LLC, Respondent Member Firm BD No. 7784 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Respondent submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule violations described below. This AWC is submitted on the condition

Reference 2008013056101data-portal.finra.orgfinra.org

07/12/2012: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2008013791601 TO: Department of Enforcement Financial Industry Regulatory Authority ("FINRA") RE: Fidelity Brokerage Services, LLC, Respondent CRD No. 7784 and Fidelity Investments Institutional Services Company, Inc., Respondent CRD No. 17507 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Fidelity Brokerage Services, LLC ("Fidelity Brokerage Services")

Reference 2008013791601data-portal.finra.orgfinra.org

11/06/2012: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO.20080136298-01 TO: Department of Market Regulation Financial Industry Regulatory Authority ("FINRA") RE: Fidelity Brokerage Services LLC, Respondent Broker-Dealer CRD No. 7784 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Fidelity Brokerage Services LLC (the "firm") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of

Reference 2008013629801data-portal.finra.orgfinra.org

11/13/2013: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2011029025001 TO: Department of Enforcement Financial Industry Regulatory Authority ("FINRA") RE: Fidelity Brokerage Services LLC (BD No. 7784), Respondent Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Fidelity Brokerage Services LLC ("FBS" or "Respondent") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule violations described below. This

Reference 2011029025001data-portal.finra.orgfinra.org

11/09/2010: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20080154701 01 TO: Department of Market Regulation Financial Industry Regulatory Authority ("FINRA") RE: Fidelity Brokerage Services LLC, Respondent Broker-Dealer CRD No. 7784 Pursuant to FINRA Rule 9216 of FINRA' s Code of Procedure, Fidelity Brokerage Services LLC (the "firm") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule violations described

Reference 2008015470101data-portal.finra.orgfinra.org

01/16/2015: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2012034916901 TO: Department of Enforcement Financial Industry Regulatory Authority ("FINRA") RE: Fidelity Brokerage Services, LLC ("Fidelity" or the "Firm"), Respondent Firm CRD No. 7784 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Respondent submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule violations described below.

Reference 2012034916901data-portal.finra.orgfinra.org

12/18/2015: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2014041374401 TO: Department of Enforcement Financial Industry Regulatory Authority ("FINRA") RE: Fidelity Brokerage Services LLC, Respondent Member Firm CRD No. 7784 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Respondent Fidelity Brokerage Services LLC ("Fidelity" or the "Firm") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule

Reference 2014041374401data-portal.finra.orgfinra.org

06/10/2009: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO.2O070104142-01 TO: Department of Market Regulation Financial Industry Regulatory Authority ("FINRA") RE: Fidelity Brokerage Services LLC, Respondent Broker-Dealer CRD No. 7784 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Fidelity Brokerage Services LLC (the "firm") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule violations described

Reference 2007010414201finra.orgdata-portal.finra.org

11/26/2013: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20090209712-01 TO: Department of Market Regulation Financial Industry Regulatory Authority ("FINRA") RE: Fidelity Brokerage Services, LLC, Respondent Broker-Dealer CRD No. 7784 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Fidelity Brokerage Services, LLC ("FIBS" or the "Firm) (CRD No. 7784) submits this Letter of Acceptance, Waiver and Consent (''AWC") for the purpose of proposing a settlement of the alleged

Reference 2009020971201data-portal.finra.orgfinra.org

02/05/2007: NASD LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2005000627701 TO: Department of Enforcement, NASD RE: Fidelity Brokerage Services LLC (CRD No. 7784) ("FBS"); Fidelity Distributors Corporation (CRD No. 6848) ("FDC"); Fidelity Investments Institutional Services Company, Inc. (CRD No. 17507) ("FIISC"); and National Financial Services LLC (CRD No. 13041) ("NFS") (each a "Respondent" and collectively, "Respondents") Pursuant to Rule 9216 of NASD Code of Procedure, Respondents submit this Letter of Acceptance,

Reference 2005000627701finra.orgdata-portal.finra.org

01/08/2025: Fidelity, through an affiliate, provides recordkeeping services to companies (plan sponsors) for their equity compensation plans through stock plan services (SPS) accounts for the companies’ domestic and international employees (plan participants). From December 2012 to October 2020, the firm’s supervisory system, including its written supervisory procedures, was not reasonably designed to supervise associated persons’ access to SPS account data or the transmittal of funds from international SPS accounts. As a result, the firm failed to detect that, for nearly eight years, an associated person responsible for supporting the maintenance of SPS account data converted approximately $750,000 from 37 international plan participants. Therefore, Fidelity violated FINRA Rules 3110 and 2010 and NASD Rules 3010 and 3012. Fidelity is censured and fined $600,000.

Reference 2021070253901data-portal.finra.orgfinra.org