An SEC investigation found that Merrill Lynch violated the SEC’s Customer Protection Rule by misusing customer cash that rightfully should have been deposited in a reserve account. Merrill Lynch engaged in complex options trades that lacked economic substance and artificially reduced the required deposit of customer cash in the reserve account. The maneuver freed up billions of dollars per week from 2009 to 2012 that Merrill Lynch used to finance its own trading activities. Had Merrill Lynch f...
REUTERS Merrill Lynch plans to triple the number of active... putting money to work, we could become overly concentrated in... Of the 1,593 active ETFs on the market, there are some “we...
Ticker:BAC · Share price:$42.8 (mkt close, Oct. 16, 2024) · Market cap:$329.08 bil. Annual revenue:$94.63 bil. Earnings per share (prev. year):$2.76 · Sector:Financials · Industry:Banks · CEO:Mr. Brian Thomas Moynihan · Headquarters:New York City
Total assets rose to nearly $3.5 trillion, according to data from FactSet and Bank of America Merrill Lynch. The money market funds have witnessed inflows every month this year barring...
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Your Merrill Lynch Wealth Management Advisor can provide... 6837, and Merrill Edge® Self-Directed clients should call 877.653.4732. Taxable Money Market Mutual Funds Symbol Seven-Day...
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The Government Securities business brought Merrill Lynch the needed leverage to establish many of the unique money market products and government bond mutual fund products responsible for...
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