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R. Scott Victoria: Mutual funds require an agreement between the broker-dealer [or] clearing firm and the fund company, whereas an ETF would not.

BlackRock rattles giant saber at Schwab and Fidelity by launching high-yield 'money market' funds that 'circumvent' shelf-space controls and pay big

The $12-trillion firm steered clear of the retail giants' cash cows until this month, when it launched ETFs that mimic the custodians' best offerings -- albeit with caveats.

February 22, 2025 at 3:02 AM

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February 22, 2025 at 3:02 AM

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