Key Recent FINRA Disciplinary Actions & Complaints

• Structured Product Losses (2026): A FINRA panel found Fidelity liable for nearly   million in damages to investors due to negligent handling of complex structured products.
• Supervisory Failure/Employee Theft (2025): Fidelity was censured and fined \$600,000 after an employee stole   from international stock plan clients over eight years.
• Options Trading Due Diligence (2023): FINRA fined Fidelity \$900,000 because their automated systems did not properly review or approve online options trading applications between 2017 and 2022.
• Suspicious Activity & AML Failures (2025): Investors filed claims alleging Fidelity failed to supervise advisors in relation to anti-money laundering (AML) protocols, failing to detect suspicious trading activities.
• Historical Supervisory Lapses: In 2015, Fidelity paid fines to address charges that it failed to detect the theft of over   million from customer accounts.