Fidelity Pushes For ETF Listing And Maintenance Fees After Threatening To Charge Investors If No Agreement Is Reached (CORRECTED)
Portfolio Pulse from Benzinga Neuro
Fidelity Investments (NYSE:FNF) is pressuring ETF firms to pay for listing and maintaining their products on its platform, potentially charging investors if no agreement is reached. This move could increase expenses in the cost-conscious ETF market and stifle innovation.
June 04, 2024 | 2:28 pm
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Fidelity Investments is pressuring ETF firms to pay for listing and maintenance fees, potentially charging investors if no agreement is reached. This move could increase expenses in the ETF market and stifle innovation.
Fidelity's move to charge ETF firms for listing and maintenance fees is a significant shift in the ETF market, which is known for its cost-conscious nature. This could lead to increased revenues for Fidelity but may also stifle innovation and increase costs for investors.
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