Fidelity's SpaceX IPO Flipping Rule Compared to Other Brokers
Fidelity imposes a 15-day holding period for shares allocated in the SpaceX IPO before they can be sold, with escalating penalties including permanent bans on future IPO participation. This is shorter than Robinhood and SoFi’s 30-day minimum but stricter in consequences.
Topics: broker policies flipping rule investor restrictions IPO