Schwab Eyes Worst Month Since 1987 as Cash Shifts to Money Funds
Shares of the firm have plunged 34% in March, set to be their biggest drop since October 1987.
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Shares of the firm have plunged 34% in March, set to be their biggest drop since October 1987.
A Morningstar analyst said it would be difficult to have a “run on the bank” for wealth management firms.
<p><span>Today, the Commission is considering amendments to require covered firms to notify their customers of data breaches.</span><a name="_ftnref1" href="https://www.sec.gov/news/statement/gensler-statement-regulation-sp-031523?utm_medium=email&utm_source=govdelivery#_ftn1">[1]</a><span> I support these amendments because, through making critical updates to a rule first adopted in 2000, this proposal would help protect the privacy of customers’ financial data.</span></p>
<p><span>Today, the Commission is considering a proposal on cybersecurity practices for broker-dealers, clearinghouses, and other market entities. I am pleased to support this proposal because, if adopted, it would set standards for these market entities’ cybersecurity practices.</span></p>
In this article, we will be taking a look at the 12 most promising fintech stocks to buy.