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.

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

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

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

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 ...

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.

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 ...