Wells Fargo, Merrill Lynch Pay $60M to Settle Cash Sweep Charges

Published on January 17, 2025

The yield differential between the firms' bank deposit sweep programs and other alternatives was nearly 4% higher, according to SEC claims.

Continue reading on website
Other news

Capital One Direct Deposit Problems Drag On Into Third Day

January 17, 2025
Customers continued to report account trouble Friday, with an outage monitoring site logging 4,000 reports.

401(k) Real Chat: Matthew Eikman

January 17, 2025
Matthew Eickman, chief legal officer at the Fiduciary Law Center, answers three probing questions about ERISA lawsuits, providing an open, honest and candid dialogue.