The U.S. Securities and Exchange Commission and the New York Stock Exchange today announced the initiation and settlement of enforcement actions against Fidelity Brokerage Services, LLC as a result of the alteration or destruction of documents in numerous Fidelity Brokerage branch offices. In settlement of these actions, Fidelity Brokerage will pay a total of $2 million, consisting of a $1 million civil penalty imposed by the SEC and a $1 million fine imposed by the NYSE. In addition to these coordinated enforcement actions, the NYSE separately took disciplinary actions in related cases against seven individuals.
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Hearing Panel Decisions (all .pdfs)
04-103 Stephanie Arpin-Meier
04-104 Robert Michael Bierman
04-105 Bradley Kemp Fisher
04-106 John A. Leonard
04-107 Robert Larry Lockwood
04-108 Robert Justin McDonald
04-109 Tyler Wayne Obray
04-110 Fidelity Brokerage Services, LLC
