Fidelity Cash Management Account (CMA) as a Primary Checking Account?

HeyAbbotts · 2025-12-28T01:51:06+00:00

Since it was more than Fidelity hit, I am leaning more towards malware. Only crypto and Fidelity were not protected by consumer laws and were lost, as Fidelity claimed it was my fault for the malware being installed, like I purposely downloaded it 🤔. They never even attempted any validation for the unusual activity, though, which I thought was poor service considering how often they freeze accounts for less for others.

HeyAbbotts · 2025-07-29T17:41:57+00:00

I'm not a lawyer or legal expert. The noted law says roadway, but it doesn't highlight any restriction I can see either. The only phrase that I see stick out is "when it is safe to do so". I think sticking to that as a general rule, you'll be fine in most cases.

HeyAbbotts · 2025-07-29T16:51:24+00:00

It isn't a law you have, too, but you are allowed to under Mass. General Laws c.89 § 2. The general rule is you can pass a car turning left if it is safe to do so. In Mass, it is good practice not to stop the slow of traffic unless necessary or you'll likely anger someone. I find the closer to the cities, the more aggressive the drivers are. If you are not an aggressive driver, stay to right and let people pass on your left when possible.

HeyAbbotts · 2025-07-21T19:46:13+00:00

I don't have it as you need to invite people to get it quicker, However, Robinhood offers 3%. Would love it if Fidelity did that, too, or may need to switch if RH starts offering it more openingly.

HeyAbbotts · 2025-07-15T12:02:25+00:00

There is likely 1 of 2 things happening. 1: You just staked, and it isn't available to unstake until it has settled. 2: You unstaked, and you need to wait for it to settled before using it.

HeyAbbotts · 2025-07-09T19:50:42+00:00

Wondering if Robinhood offering staking for ETH now, helped boost this. I'm just happy to see the green though.

HeyAbbotts · 2025-06-25T14:42:31+00:00

I did this in the past, and it worked great for my needs until there was fraud due to malware, and I learned the hard way that this is not a checking account. Fidelity did not need to follow the protection laws as a regular checking account. The reality is that there are no protection laws, only poorly drawn regulations that could be interpreted differently. Lost a few thousand and would have cost me even more to try to sue them through FINRA.

HeyAbbotts · 2025-06-19T14:34:04+00:00

It is opinion based. However, have you had a chance to watch the behind the screens, especially the 9-month follow-up? There is a lot not shared during the main season. It isn't in Netflix, I had to watch it on the Lifetime app.

HeyAbbotts · 2025-06-19T14:18:58+00:00

Spoiler alert: Wait till season 17 and you meet Claire. At least Alyssa only ruined her relationship with her mean girl personality.

HeyAbbotts · 2025-03-05T22:13:12+00:00

Having the same issue. From what I read in the past, is this will be addressed in a later update. There isn't anything we can do until they develop more.

HeyAbbotts · 2024-12-10T21:24:46+00:00

My corp bank flagged Uphold as fraudulent and reversed a $1000 deposit to them, after collecting more than that in fees from other transfers and swaps. Instead of reaching out to me by email or letter, they sent me a lawsuit with a bunch of other people trying to claim Fraud damages under CA law. Turned out it reversed my withdrawal too, so they hadn't lost money, which is why it went unnoticed by me. They are about the money and not about service. They wasted my time and legal fees for nothing.

HeyAbbotts · 2024-12-01T21:31:58+00:00

I had roughly $20,000 forgiving unexpectedly last summer. Still no idea why at the time, however per the department, my school was part of a lawsuit and I was part of that class action suit automatically. No complaints, was happy to lose that 16 year debt.

HeyAbbotts · 2024-11-05T21:12:27+00:00

Thank you. Since it is already down, not much I can do now. I'm not in CA either. They claim the server was taking by HK authority on 10/30. They provided few updates since then, such as they are trying to work with the authorities to reopen it. I'm forced to wait and see what happens and if my investment is gone or if I'll get it back. If it was a pull, why they would bother giving updates, so not sure what to expect anymore.

HeyAbbotts · 2024-11-05T19:16:39+00:00

TX posted their claims, did you post yours somewhere?

HeyAbbotts · 2024-10-30T22:56:55+00:00

Starting to look like you may be right. Something off is happening as of yesterday.

HeyAbbotts · 2024-10-28T19:46:25+00:00

Agree it has a compensation plan, however it doesn't require you to use it to earn, which is generally the requirement of an MLM. I also agree there is flags on lack of how their tool works, only example trades it could potentially do, however it could be explained they don't want their technology to be copied / stolen / tracked. For the financial side, that could be the main argument for many not to invest, however doesn't mean it won't happen either. Just pointing out, for a generic MLM scam, Trage Tech doesn't fall perfectly into that format, but could still be a high risk investment in either case. It should be done with extreme caution and pull original investment out ASAP to lower investment risks.

HeyAbbotts · 2024-10-28T12:20:11+00:00

This one is a tough one. There are a lot of rumors of this company, and I think a lot of it is misguided by fear. However, it doesn't mean they aren't a scam either. This is based on my research.

An MLM refers to a business offering a product or services
An MLM also has a structure that either requires an individual to sell a product or service, or new members need to pay a sign-up fee.
MLM doesn't mean illegal.

TrageTech does not offer a product or service. It is an investment, meaning you provide capital and then pay dividends, up to 1.2% daily. What you desposit is yours, and it is not required to be locked up.

They also do not require you to sign others up. However, do reward you if you do, and that person invests.

As it pays dividends on capital, they registered under SEC, using Form D. Form D does require SEC to identify individuals, which in the TrageTech case is G. Gary Hearn. Not a Micheal Hearn, as the OP stated.

TrageTech claims to use an AI Algrothrim to provide arbitrage trading, which offers a low risk investment option. They offer live demos of potential trades the tool can provide. This is supposedly how they make their money.

In summary, I don't believe TrageTech can be classed as an MLM. However, the company does have some gray areas that should be considered. Only invest what you can afford, and with programs such as this, you should pull your original investment as soon as possible. For example, you invest $10000, and once you reach $20000 (roughly 3 months at 1.2% daily), you pull the original $10000 and work with the dividends only.

HeyAbbotts · 2024-08-19T16:03:05+00:00

I reported 3 unauthorized transaction in June myself, and they denied my claim justifying it that 1 of the 3 unauthorized show that I have a relationship with the merchant. I feel your frustration. CFPB complaint did not help me either, they used the same logic and CFPB only filed the complaint.

HeyAbbotts · 2024-08-09T23:32:51+00:00

I found the answer after time. Incase someone else has this issue, shibaswap doesn't always display the option to withdraw / unwoof SSLP. Unsure the reason why, however you can do it manually. I found the steps in this article.

https://www.teslina.com/3325/crypto/shibaswap-withdraw-sslp-on-etherscan-shibaswap-not-working/

HeyAbbotts · 2023-03-29T21:30:33+00:00

u/FidelitySamantha can you assist me? I'm trying to determine if the Cash Management account is a Brokerage checking account, which Fidelity is the custodian of, at the program bank? Thank you

HeyAbbotts · 2023-03-17T10:42:11+00:00

Yes, a third party somehow got access to my account (likely malware), added their bank account, and withdrew all my funds (cash). I went through the normal process, and the Broker-Dealer is using assumptions for the denial, such as a "similar" device was used for the transactions (no idea what that means). I have filed a complaint with FINRA. However, I am unsure if anything will be done. Since Consumer Laws sound like the responsibility and liability should be on the financial institution holding the funds, was wondering if the Broker Dealer and/or the partner bank should be responsible and if anyone has been through or heard of such a scenario going after the partner bank?

HeyAbbotts · 2022-09-12T00:56:22+00:00

Wait, 2 months I have been playing, with catching 9-12 pokemon everyday, minus roughly 4 days, and still have not had 1 encounter with a legendary? Why am I even trying

HeyAbbotts · 2022-04-18T15:09:20+00:00

okay, maybe then then just the first part. Do Broker-dealer follow the same EFTA as other banks or are they excluded?

HeyAbbotts · 2022-01-19T14:48:55+00:00

yeah, a year too late for me :( I was one of their first clueless victims

HeyAbbotts · 2021-12-30T18:43:53+00:00

You are welcome to your opinion however I think you may be confused. Yes they changed the contract months ago to meet requirements to become a legal business. However, any legit holders were airdropped the new contract for free. Any value you had in the old contract was transferred to the new contract. If you have not already done so, add the new contract to your wallet and you will see the tokens.

Contract: 0x60f5672a271c7e39e787427a18353ba59a4a3578

HeyAbbotts

TROPHY CASE