NEW YORK, April 24- Charles Schwab Corp said it was the target of a cyber attack that prevented access to its website intermittently for about an hour on Wednesday, the second such attack in as many days, but that the problem had been resolved.
NEW YORK, April 24- Charles Schwab Corp said it was the target of a cyber attack that prevented access to its website intermittently for about an hour on Wednesday, the second such attack in as many days, but that the problem had been resolved.
NEW YORK, April 19- The U.S. dollar and euro rallied 1.5 percent versus the yen on Friday after Japan said the Group of 20 countries did not oppose its aggressive monetary easing aimed at beating deflation rather than at weakening its currency.
"By providing investors with the ability to choose the forum in which to bring their legal claims and protect their legal rights, we enhance investor protection and add more teeth to our federal securities laws," said U.S. Securities and Exchange Commission member Luis Aguilar in prepared remarks before the North America Securities Administrators Association's annual conference in Washington, D.C..
April 16- TD Ameritrade Holding Corp, the biggest U.S. discount brokerage by client trading volume, said on Tuesday that continued double-digit growth in client assets helped its quarterly profit rise 5.1 percent.
Aguilar's comments come just shy of three years since the enactment of the 2010 Dodd-Frank Wall Street reform law, which bestowed the SEC with new powers to bolster investor protections. One provision in the law gives the SEC the authority to scale back or prohibit the use of pre-dispute arbitration agreements, which are routinely used by brokerages.
April 16- TD Ameritrade Holding Corp, the biggest discount brokerage by client trading volume, said Tuesday that continued double-digit growth in client assets helped its fiscal second-quarter profit rise 5.1 percent from a year ago.
Earnings per share of 15 cents missed analysts' average forecast by a penny, partly because the San Francisco- based brokerage firm waived a higher-than-expected $155 million of fees on money-market funds to ensure investors did not lose money due to low interest rates.
Earnings per share of 15 cents missed analysts' consensus forecast by a penny, partly because the San Francisco- based firm waived a higher-than-expected $155 million of fees on money-market funds to ensure investors did not receive negative returns due to low interest rates.
April 15- Charles Schwab Corp's first-quarter earnings rose 6 percent but fell short of analysts' expectations as client trading activity remained lukewarm and one-time expenses increased.
U.S. stock index futures were in negative territory Monday as weak economic data in China sparked a global commodities selloff and trumped encouraging earnings from Citigroup.
NEW YORK/ CHICAGO, April 12- Within 36 hours of Warren Buffett's announcement of a deal to buy H.J. Heinz, U.S. authorities froze an account linked to possible insider trading.
But Fidelity Investments and Charles Schwab Corp are paying these financial advisers as much as 0.25 percent of the assets that their clients put in no-transaction-fee mutual funds.
"Payment for order flow is on an uphill climb, and in these markets, there has to be questions about how those conflicts are being reined in," said Chris Nagy, president of consulting firm KOR Trading LLC and former head of TD Ameritrade Holding Corp's order routing operations. "
NEW YORK, March 29- The world's biggest banks won a major victory on Friday when a U.S. judge dismissed a "substantial portion" of the claims in private lawsuits accusing them of rigging global benchmark interest rates.