Fidelity Investments

The firm’s National Financial Services allegedly failed to deliver certain basic information to clients in five public offerings of shares in a fuel cell technology company.

While most of the issues were resolved by midday, the interruptions sent a shudder across Wall Street.

Fidelity's letter to the Labor Department says the proposal isn't “well grounded or supported by much of the emerging data.”

The passively managed fund will be made available to qualified purchasers through family offices, RIAs and other institutions, a person familiar with the matter says.

The scant personal details that do surface depict a clan allergic to the limelight, scornful of excess and almost comically unpretentious.

The firm is dropping management fees on robo accounts with $10,000 to $50,000, turning to a minimal per-month charge instead.

Wild market swings have given many active managers a rare respite after a decade-long battle against the rise of passive investing.

The products will have the same management and research teams as the firm's similarly named mutual funds.

Vanguard reclaimed its top spot in J.D. Power’s annual ranking of self-directed investor satisfaction. Charles Schwab retained its position as a leader among DIY investors.

Since the all-stock purchase was announced, TD Ameritrade's valuation has plummeted and both firms are now operating with most, if not all, staff working remotely.