Comment Comment by WorkUntilRetire Did Lehman run index funds? What happened to their customers?What would happen today if a firm like Schwab or Fidelity suddenly went bankrupt? Would their S&P 500 index funds (Such as SWPPX or FFFFX) drop to zero, wiping out customer’s retirement? parent WorkUntilRetire 8 years ago
What would happen today if a firm like Schwab or Fidelity suddenly went bankrupt? Would their S&P 500 index funds (Such as SWPPX or FFFFX) drop to zero, wiping out customer’s retirement?