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 ...

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 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 ...

US SEC ends inquiry into Morgan Stanley's cash sweep program with no enforcement action The U.S. Securities and Exchange Commission has ended its investigation into Morgan Stanley's cash sweep ...

The SEC has ended its investigation into Morgan Stanley's cash sweep program for advisory accounts and will not pursue enforcement action. NEW YORK, May 06, 2025--Morgan Stanley today announced the ...

Residential, business and carrier customers represented 37.2%, 32.8% and 30.0%, respectively, of revenue from the last 12 months.

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