Financial Security: Account Protection | Why Fidelity
https://www.fidelity.com/why-fidelity/safeguarding-your-accounts
Fidelity's FDIC Insured Deposit Sweep Program (the "Program") Cash balances in the Fidelity FDIC Insured Deposit Sweep Program are swept into an FDIC-Insured interest bearing account at one or more program banks and, under certain circumstances, a money market mutual fund (the "Money … See more
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