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Raymond James Hit With Suit Over 'Cash Sweep' Programs

Gunnar Larson

29 Aug 2024 29 Aug '24
9:21 a.m.

Raymond James Hit With Suit Over 'Cash Sweep' Programs <https://www.law360.com/capitalmarkets/articles/1874066?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-08-29&read_main=1&nlsidx=0&nlaidx=8> By Emilie Ruscoe Financial services giant Raymond James faces a proposed class action in Florida federal court alleging its so-called cash sweep programs offer interest rates "significantly lower" than those offered by competitors, in violation of federal law. Complaint attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1874066?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-08-29&read_more=1&nlsidx=0&nlaidx=8> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1874066?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-08-29&read_later=1&nlsidx=0&nlaidx=8>

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