TD Ameritrade CEO: Why We Bought Scottrade for $4 Billion

The transcript discusses the strategic acquisition of Scottrade by TD Ameritrade, highlighting the benefits of increased scale and technology investment. It addresses challenges in the financial sector, such as declining customer activity and regulatory concerns. The discussion emphasizes the cyclical nature of current market issues and the potential for new revenue streams through expanded client services and platforms.

What concerns might arise from the regulatory approval process for the merger?

In what ways is TD Ameritrade planning to adapt to the shift towards passive investing?