Fed approves acquisition of Scotttrade by Toronto-Dominion

WASHINGTON, Sept 13 (Reuters) - The Federal Reserve on Wednesday approved the purchase of Scottrade Financial Services by Toronto-Dominion Bank, as had been expected.

The deal brings together two of the biggest U.S. discount brokerages, TD Ameritrade and Scottrade.

(Reporting by Patrick Rucker; Editing by Leslie Adler)