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 ...

State Street, Galaxy, and Ondo Finance launch SWEEP, a tokenised liquidity fund on Solana offering 24/7 onchain cash management for PYUSD ...

Discover how the new Galaxy Onchain Liquidity Sweep Fund bridges TradFi and DeFi, offering 24/7 tokenized liquidity.

Dogecoin price steadies near support after liquidity sweep, as earlier bullish cup formations on the daily chart draw attention to repeating structures during t ...

The State Street Galaxy Onchain Liquidity Sweep Fund, or SWEEP, will accept subscriptions and redemptions in PYUSD, a ...

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 ...

(Reuters) -The spate of regulatory investigations into wealth managers' cash sweep programs could hurt their credit ratings, Moody's Ratings warned on Thursday, underscoring the threat to the ...

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 ...

LPL Financial is facing a second lawsuit over its cash sweep program. Douglas Nevitt, a 66-year-old Illinois construction retiree, has filed a suit in California federal court accusing the firm of ...

Wells Fargo faces another potential class action lawsuit in the growing controversy embroiling the bank’s cash sweep deposit programs. Scotch Plains, N.J.-based Daniel Varady filed his suit seeking a ...

State Street Investment Management and Galaxy Asset Management are joining forces with Ondo Finance on a tokenized liquidity ...