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Fidelity Settles in Gifts Probe

March 06, 2008

The Securities and Exchange Commission has fined Fidelity Investments $8 million for receiving improper gifts.

The SEC is also bringing civil charges against thirteen current and former Fidelity employees, including some of its biggest names.

The order settles a long-running case against the nation's largest mutual fund company. WBUR's Curt Nickisch has details.

This program aired on March 6, 2008. The audio for this program is not available.

Curt Nickisch Business & Technology Reporter

Curt Nickisch was formerly WBUR's business and technology reporter.

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