Charles Schwab: King of Arbitration vs. Brokers

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Jan 3, 2011 12:31 pm

Ok Schwab folks, what is this "liquidated damages" clause that is KILLING the reps that have left and tried to have clients follow them?

Since 2006, 7 cases, all huge victories for Schwab, some scary big settlements against the reps.

To see for yourself, go to the link below, enter a date range, then in key words, put the two words; secrets schwab

Feel free to PM me if you'd prefer.

http://finraawardsonline.finra.org/