I was leaving ML and I did NOT want them to use the 401k money...I was in the ML Mutual Funds dept and was doing the programming...A couple of us starting seeing anomalies in how ML was doing "shavings"...which is:
They would take the stock market as high as possible for the Mutual Funds for awhile and then drop it to JUST below the TOP where they would shave off what was earned + a lil' more of principal...WHICH IS HIGHLY ILLEGAL

There was a group of us that got out and went somewhere else and people from ML were calling us as too where to find jobs. So when we, we moved everything from ML to Fidelity and then somewhere else that was smaller...Never did business with ANY OF THE BIG BOYS EVER AGAIN...

I hope you understand what I said above BUT notifying any of the authorities at the time would not have done any good...THEY WERE IN ON IT!!!

I have been retired for the last 5 years and glad I got out when I did...