UPDATE 1-TD Ameritrade CEO: Low rates to punish 2015 results

April 21, 2015 5:13 PM

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April 21 (Reuters) - Discount broker TD Ameritrade Holding Corp warned Tuesday its fiscal 2015 earnings will likely be at the lower range of its previously announced estimate because of the U.S. Federal Reserve's persistently low interest rate policy.

The Omaha-based company, with $101 billion of interest-sensitive assets as of March 31, made its forecast for the year ending Sept. 30 after reporting a 2.6 percent decline in its fiscal second-quarter profit.

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