's [see profile
] money market pain may be on the rise again. Schwab chief financial officer Joe Martinetto
said during the company's winter business update that Schwab could waive about $115 million per quarter in money market mutual fund fees this year in light of low interest rates, the Wall Street Journal
's Brett Philbin reports
That's down from the peak $125 million Schwab waived in Q1 2010, but a rise from the $93 million it waived in Q3 and the $102 million it waived in Q4.
Neil Anderson, Managing Editor
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