While Wells Fargo and Merrill Lynch paid $60 million for a "cash sweep" violation earlier this year, Morgan Stanley was ...

The company’s practice of moving brokerage clients’ uninvested cash into low-paying sweep accounts was under scrutiny.

Wall Street giant avoids penalties as regulator ends yearlong review of interest treatment on idle client cash.

A decision by the Securities and Exchange Commission to close an investigation into the cash sweep program at Morgan Stanley ...

The U.S. Securities and Exchange Commission has ended its investigation into Morgan Stanley's cash sweep program for advisory ...

The agency concluded its probe into the bank’s interest rate-related program. The bank still faces an investigation from a ...

Morgan Stanley is among a long list of wealth managers facing questions about whether their handling of uninvested cash is ...

In what may be viewed as a pre-emptive move, Morgan Stanley raised its advisory sweep interest rate from 0.01% to roughly 2% as of August 1, 2024—joining other firms aiming to ease regulatory tensions ...

Morgan Stanley Investment Management (MSIM) has introduced a new evergreen private equity fund aimed at expanding access to ...

US SEC ends inquiry into Morgan Stanley's cash sweep program with no enforcement action The U.S. Securities and Exchange Commission has ended its investigation into Morgan Stanley's cash sweep ...

May 6 (Reuters) - The U.S. Securities and Exchange Commission has ended its investigation into Morgan Stanley's (MS.N), opens new tab cash sweep program for advisory accounts and will not pursue ...