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BofA, TD Ameritrade, TD Bank and Capital One Bank are among the latest firms to be sued over their use of biometric voice prints. Similar lawsuits over the same tech have been filed against ...
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Which in practice has led to a wave of RIA custodial consolidation in recent years, from E*Trade acquiring Trust Company of America (and then being acquired by Morgan Stanley), to TD Ameritrade acquiring Scottrade Advisor Services and then being acquired by Charles Schwab to form the largest RIA custodian that houses the majority of all RIA assets.
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