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

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

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

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

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

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

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 ...

The Securities and Exchange Commission concluded its investigation into Morgan Stanley 's cash-sweep program without recommendations for enforcement action, according to the firm's quarterly filing to ...

The SEC has concluded its investigation into Morgan Stanley's cash sweep program without pursuing enforcement action, after examining its compliance with regulations. Several banks' cash sweeps faced ...

Morgan Stanley said the Securities and Exchange Commission’s enforcement division closed its investigation into the company’s cash sweep practices and doesn’t intend to recommend an ...

The U.S. Securities and Exchange Commission has officially closed its yearlong investigation into Morgan Stanley’s cash sweep practices in advisory accounts—without recommending any ...

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 ...