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Paul Fenner to Barrons: Global IT Outage Hits Brokerage Firms and Wealth Managers, Including Schwab
A global IT outage has disrupted operations at major brokerage firms, including Charles Schwab, Merrill Edge, and Morgan Stanley, causing frustration among investors. Paul Fenner, president of Tamma Capital, shared his experience adapting to the tech issues during an onboarding meeting with Barron’s.