The Wall Street Journal writes "​Charles Schwab CFO: Money Market Fund Fee Waivers Could Reach About $​125M In 2Q". The brief says, "Charles Schwab Corp. Chief Financial Officer Joe Martinetto said money market fund fee waivers for the discount brokerage could '​tick up in the second quarter' and level out around $​125 million. That forecast is $​10 million higher than the projection Schwab gave in February, though Martinetto -- on the company'​s interim business update -- told investors the outlook could rise or fall by a few million. Schwab is waiving those fees on its funds because of low interest rates so that clients' returns don'​t turn negative. The San Francisco company waived $​112 million in such fees in the first quarter and $​433 million in the whole of 2010."

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