TD Ameritrade Confirms Reserve Yield Plus Fund Settlement Totaling $10M

TD Ameritrade Holding Corporation AMTD announced today that TD Ameritrade, Inc. has agreed to make a payment of $0.012 per share to eligible clients who invested in the Reserve Yield Plus Fund through the firm. The distribution of approximately $10 million to clients will be completed within 30 days. The distribution will have no impact to earnings and resolves a previously disclosed Securities and Exchange Commissions investigation. No fine was imposed.