Wells Fargo & Co Options Spot-On: On May 6th, 54,568 Contracts Were Traded, With 1.4 Million Open Interest

Moomoo News16:30 ET

The USA Securities and Exchange Commission has concluded its investigation into Morgan Stanley's Cash liquidation plan without taking any enforcement action.

In a document submitted on Monday, Morgan Stanley stated that the USA Securities and Exchange Commission has concluded its investigation into Morgan Stanley's Cash Account Clearing Program and will not take any enforcement action. Since last April, the Banks have been explaining and communicating with regulators on this issue. Cash clearing allows clients to earn returns on cash balances that were never invested. Idle Cash is automatically transferred to an interest-bearing account or Money Market Fund unless the Account holder chooses to opt out. Such programs from several Banks have also come under review by the USA Securities and Exchange Commission (SEC), threatening their highly profitable wealth management Business. In January this year,

Global Market Report12:22 ET

Wells Fargo & Co Options Spot-On: On May 5th, 64,960 Contracts Were Traded, With 1.42 Million Open Interest

Moomoo NewsMay 5 16:30 ET

Wells Fargo (NYSE:WFC) Could Be A Buy For Its Upcoming Dividend

Simply Wall StMay 5 15:18 ET

Unusual Options Activity: MAT, KR and Others Attract Market Bets, MAT V/OI Ratio Reaches 110.9

Moomoo NewsMay 5 13:30 ET

Press Release: Wells Fargo Announces 2026 Earnings Release Date Information

Dow JonesMay 5 08:03 ET