E*Trade, the brokerage platform owned by Morgan Stanley (NYSE:MS), disclosed plans to launch five zero-cost mutual funds, available exclusively to its customers, according to a regulatory filing ...
E*Trade customers can already access thousands of mutual funds. Soon, they may be able to buy proprietary funds from E*Trade which will boast no management fee. The online brokerage unit of Morgan ...
Any balance in the account earns the advertised interest rate, and funds are instantly available when transferring between other E*TRADE accounts, like your brokerage or checking accounts.
E*Trade and Morgan Stanley are facing a consumer class action accusing the Wall Street banks of automatically transferring uninvested funds to affiliate banks that yield minimal returns without ...