FINRA Charges Charles Schwab With Violating FINRA Rules by Using Class Action Waiver in Customer PDF Print E-mail
February 01, 2012

FINRA today announced that it has charged Charles Schwab & Co with violating its terms by using class action waivers in its customer agreements. These terms were sent in an amended customer agreement in October 2011 to more than 7 million customers. For more on this, read here.