Item 7.01 Regulation FD Disclosure

On October 18, 2022, The Charles Schwab Corporation (the Company) released commentary from its Chief Financial Officer (CFO Commentary) related to client cash activity. This CFO Commentary is posted on the Company's website, https://www.aboutschwab.com/cfo-commentary.

Such information is being furnished pursuant to Item 7.01, and the information contained therein shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities under that Section. Furthermore, such information shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933.

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