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 state regulator, though.

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 ...

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 ...

Financial benefits also support company goals, as they focus on retention and technology: 59% of HR executives say hiring and retention is their company's top strategic financial priority for 2025, ...

Morgan Stanley isn’t completely off the hook. The bank still faces a cash-sweep investigation from a securities regulator in a state it did not identify, according to Monday’s filing.