MutualFundWire.com: A Former Fido Broker is Charged with Leaking Trade Info
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Thursday, April 17, 2008

A Former Fido Broker is Charged with Leaking Trade Info


One of the Fidelity traders charged last month with accepting inappropriate gifts is in hot water again. The Boston Globe reports that David Donovan has been charged with leaking information about Fidelity's planned trades. Donvovan's activity allegedly generated $230,000 for a broker friend and his mother. A Texas broker, David Hinkle, allegedly received tips from Donovan.


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