Fidelity brokerage's 'rubber-stamping' allowed meme stock abuses, regulator says - Reuters.com
11:19am PST - January 26th, 2022 robinhood - ReutersMassachusetts' securities regulator on Wednesday charged Fidelity Brokerage Services with improperly "rubber-stamping" applications to trade options, saying the "blatantly unethical" practice allowed some ineligible retail investors to trade in meme stocks.