Financial Briefs

Breaking financial news from Wall Street to Main Street

TD Ameritrade sees charge in money fund fallout

Posted by financialbriefs on September 24, 2008

The charge may total 5 cents per share, the Omaha, Nebraska-based company said on Wednesday. It relates to last week’s announcement that the Reserve Primary Fund’s net asset value had fallen to 97 cents per share because of losses tied to Lehman Brothers Holdings Inc

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