(Reuters) -The U.S. Securities and Exchange Commission has ended its investigation into Morgan Stanley's cash sweep program for advisory accounts and will not pursue enforcement action, the Wall ...

BNY Pershing’s plans to create a new charge on client cash held in accounts of RIAs that custody with Pershing and broker-dealers that use it for clearing are taking shape, with senior industry ...

The Securities and Exchange Commission has been focused on cash sweep account options and hit firms with penalties over the matter. The return clients are getting on cash appears to be front and ...

A growing number of financial firms are coming under fire — and facing lawsuits — for their behind-the-scenes cash sweep accounts and the extremely low yields paid to customers, especially as ...

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 ...

But cash sweep accounts have recently won attention for all the wrong reasons. Typically these accounts aren’t for long-term investing but instead hold short-term proceeds from things like ...

Aug 16 (Reuters) - The spate of regulatory investigations into wealth managers' cash sweep programs could hurt their credit ratings, Moody's Ratings warned on Thursday, underscoring the threat to ...

Bank savers are on a roll these days, with many certificates of deposit, money market accounts and high-yield savings accounts offering around 5% returns due to a high-interest-rate environment.

In today's economic landscape, leaving excess cash in traditional bank accounts can lead to a loss in purchasing power due to inflation and rising costs. Sweep accounts offer a solution to this ...