From TD this morning Mitch:
We're excited to announce that Charles Schwab and TD Ameritrade have reached an agreement for Schwab to acquire TD Ameritrade.
The combined company will retain the Schwab name, and will reflect the best that each legacy firm has to offer, including leading trading and wealth management platforms, investor education, award-winning service, and banking.* This should bring clients like you an outstanding investing experience.
For now, the transaction is subject to customary closing conditions and is expected to close in the second half of 2020. During that time, there should be no impact to your account or how you work with TD Ameritrade.
For additional information about the transaction, please visit www.amtd.com for details.
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I think it's BS myself. Just go back to my posts just related to DRYS over past 8-10 years alone and TD's system regarding that stock and many improprieties many global investors tried to sue over, mysterious account problems, changes, orders gone that were there, etc... Technology has gotten way out of hand and too tricky. NONE of it is/has been good for the average retail investor despots ads and hype... Now we got ourselves another monopoly but in brokerage industry...
