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

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

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

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

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

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 ...

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

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 ...