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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: Waitress who wrote (20939)10/4/2025 3:45:23 PM
From: Max2.01 Recommendation

Recommended By
Markbn

  Read Replies (1) | Respond to of 23162
 
I agree that this type of fraud is disturbing and that we should take all reasonable action to protect our accounts.

With that said, I believe that the Brokerage would be on the hook for any loss to the consumer. Beyond that federal insurance should cover you against this type of Fraud. I have 2 factor identification when logging and get notifications when a transfer is taking place. I am not overly concerned about the safety of my funds at Fidelity.



To: Waitress who wrote (20939)10/4/2025 4:54:50 PM
From: sm1th  Respond to of 23162
 
Yesterday we set up my wife's Schwab account to link to outside checking. She can't use it for 3 business days. During the setup they sent 3 separate text msg verification codes to the number on file. I think it would be fairly hard to create a fraudulent link.


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