Fidelity Investments

American multinational financial services corporation

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2025 Fidelity Investments was fined $600,000 by the Financial Industry Regulatory Authority for inadequate supervision, related to an employee who stole $750,000 from 37 international clients between 2012 and 2020.
April 2025 Launched no-fee cryptocurrency trading in individual retirement accounts.
July 2024 Launched a spot Ethereum exchange-traded fund after receiving approval.
January 2024 Launched a spot Bitcoin exchange-traded fund (ETF) after receiving approval.
April 2022 Announced plans to start offering Bitcoin as an investment option in 401(k) plans, becoming the first major 401(k) provider to offer cryptocurrency for retirement savers.
August 2021 Announced plans to hire 16,000 employees in 2021, including 9,000 during the second half of the year.
March 2021 Filed for introducing a Bitcoin ETF with the SEC.
February 4 2021 Fidelity launched an ETF version of the Magellan fund, trading under the ticker FMAG, managed by Tim Gannon and Sammy Simnegar.
2020 The employee's eight-year period of stealing funds from international clients' accounts at Fidelity Investments concluded.
March 2020 Opened a new investor center in Chesnut Hill, MA.
January 2020 Sammy Simnegar becomes Portfolio Manager, taking over from Jeffrey S. Feingold.
January 2020 Launched 'Stocks By The Slice', a program for fractional-share ownership and micro-investing.
October 2019 Launched Fidelity Digital Asset Services to handle cryptocurrency custody and trade execution for institutional investors.
June 2019 Fidelity announced potential plans to demerge Eight Roads Ventures from its core business, signaling a potential strategic restructuring of the investment arm.
May 2019 Launched cryptocurrency trading to institutional customers.
May 2019 Reported plans to soon offer cryptocurrency trading to institutional customers.
2018 Eight Roads Ventures launched a new European investment fund, expanding its global investment platform across multiple regions.
2018 Fidelity Investments introduces a new line of zero-expense-ratio mutual funds, including ZERO Total Market Index Fund and ZERO International Index Fund.
2018 Launched a separate entity dedicated to institutional cryptoasset custody and cryptocurrency trading.
October 2018 Launched Fidelity Digital Asset Services, a separate entity dedicated to institutional cryptoasset custody and cryptocurrency trading.
August 2018 Introduced mutual funds with no mutual fund fees and expenses.
2014 Abigail Johnson became president and CEO of Fidelity Investments (FMR) and chairman of Fidelity International (FIL).
2012 An employee began an eight-year period of stealing funds from international clients' accounts at Fidelity Investments.
2012 Harry W. Lange concludes his management of the Magellan Fund.
2012 Moved Boston headquarters to 245 Summer Street.
2011 Changed the name of its international division from Fidelity International to Fidelity Worldwide Investment and introduced a new logo.
September 2011 Jeffrey S. Feingold becomes Portfolio Manager after Harry W. Lange.
September 13 2011 Jeffrey S. Feingold was named as the new manager of Fidelity Magellan Fund, transitioning from his previous role managing the Fidelity Trend Fund.
2010 Shut down Fidelity Ventures, its venture capital arm, with many employees creating Volition Capital.

This contents of the box above is based on material from the Wikipedia articles Fidelity Investments & Fidelity Magellan Fund, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.

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