Charles Schwab Corp. has launched National Investing Day on May 1, coinciding with the 50th anniversary of the elimination of fixed commission rates. The initiative seeks to educate and empower individual investors, and was marked by CEO Rick Wurster ringing the closing bell at the New York Stock Exchange. Wurster participated in a Reuters NEXT Newsmaker interview, discussing the firm's response to April's market volatility and Schwab's growth plans in Texas. He noted that the company proactively contacted thousands of clients nearing margin calls and observed that retail investors are pulling back on risk, shifting toward bonds and non-U.S. stocks. Wurster also highlighted higher client engagement and increased interest in options trading. May 1 was also recognized as Texas Investing Day, with Schwab's Texas-based operations noted for their role in expanding investment opportunities. Schwab manages £10.28 trillion in client assets, 36.9 million brokerage accounts, and works with more than 15,000 financial advisors. The S&P 500 extended its winning streak to seven sessions as National Investing Day began. James Kostulias of Schwab commented on market volatility, stating there was no panic selling among clients.