Summary | Regulators are looking into whether Merrill Lynch
broke rules designed to ensure that customers of the Bank of
America-owned brokerage would have access to enough of their
money in a crisis. The rules require financial firms that
handle customer trades to calculate their net liabilities to
clients at least once a week. The more they owe to clients, the ...
broke rules designed to ensure that customers of the Bank of
America-owned brokerage would have access to enough of their
money in a crisis. The rules require financial firms that
handle customer trades to calculate their net liabilities to
clients at least once a week. The more they owe to clients, the ...
blogs.wsj.com | 29 April 2015