Chalk this one up to bad PR.

In February 2012, FINRA filed a complaint against Charles Schwab & Co. charging the firm with violating its rules by requiring customers to waive their rights to bring class actions against the firm.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.