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Fidelity Faces Massachusetts State Inquiry Over Fees Charged for 401(k) Plans
Pensions & Investments 
Mar. 5, 2019 "Fidelity Investments is facing more scrutiny over fees it charges some mutual funds for using its platform to access retirement plan customers. The Massachusetts ... securities division sent a letter on Feb. 27 to Boston-based Fidelity requesting information about those fees. The inquiry follows a Feb. 21 lawsuit against Fidelity by an investor in T-Mobile USA's 401(k) plan that claims the firm conceals so-called infrastructure fees." MORE >> |
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