Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...

To keep your spare cash growing, consider placing it in a high-yield savings account or investing in securities with strong return potential. Letting your money sit idle is a missed opportunity to ...

Sweep-in fixed deposits, or auto-sweep FDs, are an intelligent way of earning a greater interest on your idle funds while ...

The legal scrutiny of how banks and brokerages treat their customers during high interest rates intensifies as the phase is drawing to a close. Many large U.S. banks are accused of deceiving clients ...

Fidelity Investments is changing its policy on cash holdings so that more of clients’ uninvested funds wind up in a low-interest sweep account. Starting next year, Fidelity will put cash held in ...

Some of Wall Street's biggest giants have been dragged into the court fight over the low interest rates offered on many cash sweep accounts. Class-action lawsuits have been filed in various U.S.

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As major broker-dealers continue to disclose they are facing questions from the Securities and Exchange Commission about clients’ cash in advisory accounts, at least one state regulator also appears ...

Charles Schwab is the latest large financial-services firm to face a lawsuit challenging its approach to cash-sweep accounts, the typically low-yield accounts where brokers sometimes put clients’ ...

Merrill Lynch and two Wells Fargo advisory firms have agreed to pay a combined $60 million in civil penalties to settle Securities and Exchange Commission charges that they failed to pay advisory ...

Osaic has become the latest casualty in the wave of cash sweep class actions that's washed across the industry over the past year. A new class action against Osaic Holdings, Osaic, Osaic Services and ...