Bond fund costs Schwab more than $500,000
The Charles Schwab Corp. short-term-bond fund that blew up this year because of its exposure to mortgage-backed securities is now costing the firm as a result of significant legal losses.
The Charles Schwab Corp. short-term-bond fund that blew up this year because of its exposure to mortgage-backed securities is now costing the firm as a result of significant legal losses.
On Oct. 2, an arbitration panel of the Financial Industry Regulatory Authority Inc. of New York and Washingto
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