Fidelity Settles in Gifts Probe

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.

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Curt Nickisch Business & Technology Reporter
Curt Nickisch was formerly WBUR's business and technology reporter.



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