Defendant Name: Morgan Stanley and Co. LLC

Defendant Type: Subsidiary of Public Company
Public Company Parent: Morgan Stanley
SIC Code: 6282
CUSIP: 61744644

Initial Case Details

Legal Case Name In the Matter of Morgan Stanley and Co. LLC; Morgan Stanley ABS Capital I Inc.; and Morgan Stanley Mortgage Capital Holdings LLC
First Document Date 24-Jul-2014
Initial Filing Format Administrative Action
File Number 3-15982
Allegation Type Securities Offering

Violations Alleged

Securities Act
Sec 17(a)(2)
Sec 17(a)(3)

Resolutions

First Resolution Date 24-Jul-2014

Related Documents:

33-9617 24-Jul-2014 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933, Making Findings, and Imposing a Cease-and-Desist Order
On July 24, 2014, the SEC instituted "cease-and-desist proceedings...pursuant to Section 8A of the Securities Act" against Respondents. "This matter concerns Morgan Stanley's misleading public disclosures regarding the number of delinquent loans in two subprime residential mortgage-backed securities...transactions offered in 2007."
33-9618 24-Jul-2014 Administrative Proceeding
Order Under Section 27A(b) of the Securities Act of 1933 and Section 21E(b) of the Securities Exchange Act of 1934, Granting Waivers of the Disqualification Provisions of Section 27A(b)(1)(a)(ii) of the Securities Act of 1933 and Section 21E(b)(1)(A)(ii) of the Securities Exchange Act of 1934
On July 24, 2014, the SEC issued an order relating to Morgan Stanley's settlement of another administrative proceeding. The SEC "determined that...[Morgan Stanley's] request for a waiver of the disqualifications resulting from the issuance of the Commision's Order instituting proceedings is appropriate and should be granted."
2014-144 24-Jul-2014 Press Release--Administrative Proceeding
Morgan Stanley to Pay $275 Million for Misleading Investors in Subprime RMBS Offering
On July 24, 2014, the SEC announced in a Press Release that: "The Securities and Exchange Commission today charged three Morgan Stanley entities with misleading investors in a pari of residential mortgage-backed securities (RMBS) securitization that the firms underwrote, sponsored, and issued."
34-74231 06-Feb-2015 Administrative Proceeding
Order Appointing Tax Administrator
On February 6, 2015, the SEC ordered the appointment of Damask and Associates LLP as the Tax Administrator for the Qualified Settlement Fund.
34-77063 04-Feb-2016 Administrative Proceeding
Order Appointing Fund Plan Administrator and Setting Administrator Bond Amount
On February 4, 2016, the SEC ordered the appointment of Garden City Group, LLC as the fund plan administrator and set the administrator's bond at $275,000,000.
34-81064_3-15982 30-Jun-2017 Administrative Proceeding
Notice of Name Change of Appointed Tax Administrator
On June 30, 2017, the SEC announced a Name Change of Appointed Tax Administrator, and amended the Omnibus Order, beginning June 2017 and for calendar year 2018, to replace all references to Damasco with "Miller Kaplan Arase LLP which acquired Damasco & Associates LLP" in order to reflect Damasco's name change.
34-85998 31-May-2019 Administrative Proceeding
Notice of Proposed Plan of Distribution and Opportunity for Comment
The SEC stated: "Notice is hereby given [...] that the Division of Enforcement has submitted to the Commission a proposed plan of distribution ("Distribution Plan") for the distribution of monies paid by Morgan Stanley and Co. LLC (f/k/a Morgan Stanley and Co. Incorporated) ("MS & Co."), Morgan Stanley ABS Capital I Inc., ("MSAC"), and Morgan Stanley Mortgage Capital Holdings LLC, ("MSMCH") (collectively, the "Respondents")."
34-85998-pdp 31-May-2019 Administrative Proceeding
Proposed Plan of Distribution Plan for Morgan Stanley Fair Fund
The SEC stated: "The Division of Enforcement submits this proposed plan of distribution (the "Plan") [...]. This Plan sets forth the methods and procedures for distributing the Fair Fund. This Plan is subject to approval by the Commission, and the Commission retains jurisdiction over the implementation of this Plan."
34-86474 25-Jul-2019 Administrative Proceeding
Order Extending Time to Enter an Order Approving or Disapproving Plan of Distribution
The Commission stated: "IT IS ORDERED that pursuant to Rule 1104 of the Rules, for good cause shown, the time for entering an order approving or disapproving the Plan is extended to November 30, 2019."
34-89201 30-Jun-2020 Administrative Proceeding
Order Approving Plan of Distribution
The Commission stated: "[I]t is hereby ORDERED . . . that the Plan is approved."
34-93022 16-Sep-2021 Administrative Proceeding
Order Directing Disbursement of Fair Fund
The Commission ordered that: "Commission staff shall transfer $124,758,618.37 from the Fair Fund to the Fair Fund’s escrow account at The Huntington National Bank, and the Fund Administrator shall distribute such monies to the eligible claimants in accordance with the Plan."

Other Defendants in Action: