so they’d have lower interest on client cash, and more of that cash would be invested, reducing the balance. Sounds bad
I don’t think the govt like discount brokers as so many already poor people lost so much money after Covid boom, and the media would pile on too, dredging up memories of tricom and bby
best hope is stake borrowing the money to buy them, rest is pipe dreams
so they’d have lower interest on client cash, and more of that...
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