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.

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

The firms expect their newest C-level hires, one coming from Morningstar and the other with experience from Morgan Stanley ...

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 ...

Treasury floating rate notes have provided a rare pocket of stability in 2025’s volatile rate environment, offering ...

While Wells Fargo and Merrill Lynch paid $60 million for a ‘cash sweep’ Securities and Exchange Commission violation in February, Morgan Stanley will see no penalty from the SEC over the firm ...

The neobank filed for an initial public offering on Tuesday shortly after announcing a new office lease in New York City.

Stocktwits - Shares of Hims & Hers Health, Inc. (HIMS) surged nearly 16% in Tuesday’s regular session and extended gains in ...

Piper Sandler & Co., Morgan Stanley & Co. LLC and Keefe, Bruyette & Woods, Inc. are serving as joint bookrunning managers for the offering, and Janney Montgomery Scott LLC is acting as the co-manager.