Analysts warn AI agents could automatically move clients' uninvested cash into money markets and other high-yielding ...
Bitcoin (BTC) price action liquidated shorts on Tuesday as market participants reacted to US President Donald Trump's comments on the Iran war. Key takeaways: Liquidity clusters set up BTC price ...
LPL is the second large advisory firm to see the SEC drop its investigation into cash-sweep practices, while it and other firms still face client lawsuits.
XRP traded near $1.36 after analysts warned of a potential liquidity-driven drop toward the $1 level. Market pressure ...
Two weeks after it was sued for a program in which it makes money on parked client cash, LPL has been sued again by another client for the same reason. These accounts, known as cash sweeps, have ...
XRP trades at $1.35 as ETFs record first weekly outflows since January. Analyst forecasts potential dip to $1, but Ripple CEO ...
LPL has “no plans” to make changes to its pricing on cash solutions, including to its cash sweep programs, according to CEO Dan Arnold. Arnold announced the firm would stay the course on cash sweeps ...
The cash sweep lawsuits continue to pile up, as Ameriprise Financial and LPL Financial were hit again this week with class action suits calling them to task for “paltry” interest rates paid to clients ...
Cash sweep account options have long been a source of contention. These programs, used by major broker-dealers as a short holding place for client cash that is between investments, are often ...
You might not think about the idle cash in your brokerage account very often. But behind the scenes, your money may be earning your brokerage company a lot more interest than it is earning you. Cash ...
You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. The Securities and Exchange Commission is not recommending enforcement action against LPL ...