Finra probes brokerage bank sweep accounts as commissions dwindle
![Cash with storm clouds on the horizon](https://s32566.pcdn.co/wp-content/uploads/2019/10/FREE_329009999_PH_8_HVCTRXAQFWYX-951x634.jpg.optimal.jpg)
Expert: Interest rate discussions with clients ‘can be problematic’
As commissions drop precipitously, brokerages have to make money somehow, and regulators are zeroing in on one way they’re trying to do it – profiting from managing client cash.
In its recently released examination priorities, the Financial Industry Regulatory Authority Inc. emphasized that i
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