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

Since cash management accounts can't directly offer FDIC insurance, they often partner with multiple banks and sweep customers' cash into their FDIC-insured bank accounts. Another name for a cash ...

London - Global bank HSBC is shuttering accounts associated with the Gupta family as it assesses its exposure to the scandal gripping South Africa. The bank is conducting a wide-ranging review of any ...

A decision by the Securities and Exchange Commission (SEC) to close an investigation into the cash sweep program at Morgan Stanley may affect decision-making at other financial institutions under ...

FILE PHOTO: People exit the headquarters of the U.S. Securities and Exchange Commission (SEC) in Washington, D.C. 31,690 people played the daily Crossword recently. Can you solve it faster than ...

In a cash sweep, idle cash is automatically moved to an interest-bearing account or money market fund unless the account holder opts out. Several institutions’ cash sweep programs caught the SEC ...

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Morgan Stanley said the Securities and Exchange Commission’s enforcement division closed its investigation into the company’s cash sweep practices and doesn’t intend to recommend an ...

California drivers who submitted a claim to get their cut of a $50-million settlement over price gouging at the gas pump are starting to see the payments land in their bank accounts. Starting in ...