"Wall Street regulator FINRA on Wednesday filed a complaint against Charles Schwab Corp accusing the online brokerage of requiring customers to waive their rights to pursue class actions against the firm, a violation of FINRA rules." http://www.reuters.com/article/2012/02/01/us-schwab-finra-idUSTRE8102L420120201 To read the FINRA complaint against Schwab: http://www.finra.org/web/groups/industry/@ip/@enf/@ad/documents/industry/p125516.pdf