Schwab CEO on $660M Forge deal: Private markets will create new opportunities for retail investors

Welcome back. Charles Schwab announcing this morning it will buy private markets platform Forge Global. It's a $600 million deal that values Forge at $45 a share.Forge's stock skyrocketing of course on the news, up nearly 70% today. The acquisition comes just one week after Morgan Stanley announced it was buying Equity Zen, a private markets trading platform that competes with Forge. We should also note that Forge Global does have a partnership with CNBC to provide private market data.Joining us here first ...