Complaint / Review
Fidelity Investments
Reneging on Corporate Bond Trades and Illegal Borrowing of Shares

Twice within a month Fidelity was caught red handed canceling already filled bond orders then replacing the shares with cheaper ones and making those transactions disappear. The supervisor of the Fixed income even admitted canceling the order when not happy over the price limit that was filled.
There is never a notice and the shares become hostage as in borrowed for a full day untouchable to trade during their illegal trading practices=borrowing shares.
Borrowing shares is illegal when not a margin account =with no permission to do so. The transaction was recorded in all forms of Fidelity from:
History of transactions, to Positions showing the shares gone (sold), to orders page showing the filled order time dated and transaction order number.
Even the balance showed the portfolio balance with the sale included and the third party transactions showed the sale.
Yet over 30 minutes later all this disappeared with no notification or legality to do so. At that time suddenly somoen was selling a little lower huge chunk of shares and suddenly they decided they didn;t like the price they bought at and it was wiped away by Fidelity and stolen from my account.
Resolving this issue is like pulling teeth as they always want you to talk to the fixed income desk which is A) comitting these trade crimes and B) mad at you for reporting the fact. So their resolution is to handle the issue through the people committing the crime instead of handling it through a third party or higher exec who oversees their desk.
This reminds me of the 2 times previously whereby my dividend interest was recorded as paid out then suddenly disappeared and was removed (stolen) from my account. Mysterious missing money and trades along with missing records of such does not make one trust doing business through computing which can easily be manipulated and erased at whim.
Don't trust the people behind Fidelity who have access to your trades and money, especially when they don't have a good system in place to handle these issues and take care of their clients properly and fairly.