NOT FOR REPRINT
Schwab Imposes New Account Curbs as Tax-Aware Strategies Boom
By
Justina Lee
News April 23, 2026 at 05:36 PM
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What You Need To Know
- The move limits tax-aware long-short strategies in SMAs to 30% of an RIA's assets.
- There are new limits for new enrollments as well.
- The changes come a few months after Fidelity stopped opening new long-short accounts.
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