I don't think that it's entirely surprising that they would come out with a different commission schedule. Account growth over the last six months has seen somewhat on a decline, and they've had this in their back pocket. It's something they're going to use to try to win back share. |
The company again is going through a longer-term growth strategy here. If they're able to bring in more client assets, in the long run this new pricing structure will be beneficial. |
This industry can be volatile -- you can have a lackluster quarter in tech stocks, and retail investors can leave the scene for awhile. |