TD Ameritrade (AMTD) founder Joe Ricketts says he will retire next month, fresh off helping the...

|About: TD Ameritrade Holding Cor... (AMTD)|By:, SA News Editor

TD Ameritrade (AMTD) founder Joe Ricketts says he will retire next month, fresh off helping the board nix an acquisition of E-Trade (ETFC +1.1%). The company says Todd Ricketts - currently a director with the Chicago Cubs - will take over his father's position. Shares of AMTD are up 2.5% on the news.