Pershing is currently discussing with its broker-dealer clients about the changes to its cash sweep program and it’s not clear when any new plan goes into place. Toward the end of last year, Fidelity ...

The proposal would take Pershing's stake in Howard Hughes to 48% from the 37.6% it currently owns and replaces a previous ...

According to the complaint filed in Arizona federal court, the firm’s cash sweep practices “violate common law, federal law ...