Schwab-Ameritrade M&A would be a consolidation of complimentary assets, says Sarat Sethi
Charles Schwab is said to be in talks to acquire T.D. Ameritrade. The deal would consolidate an industry that has been faced with massive disruption. Sarat Sethi, managing partner at Douglas C. Lane, and Mike Santoli, CNBC's senior markets commentator, join "Squawk Box" to discuss.