Defendant Name: Morgan Stanley and Co. LLC

Defendant Type: Subsidiary of Public Company
Public Company Parent: Morgan Stanley
SIC Code: 6712
CUSIP: 61744644

Initial Case Details

Legal Case Name In the Matter of Morgan Stanley & Co. LLC
First Document Date 30-Sep-2020
Initial Filing Format Administrative Action
File Number 3-20103
Allegation Type Broker Dealer

Violations Alleged

Other
• Section 200(g) Regulation SHO

Resolutions

First Resolution Date 30-Sep-2020
Headline Total Penalty and Disgorgement $5,000,000

Related Documents:

34-90046 30-Sep-2020 Administrative Proceeding
Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Sections 15(b) and 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On September 30, 2020, the SEC instituted settled cease-and-desist proceedings against Morgan Stanley & Co. LLC. The Commission stated: "These proceedings concern MS&Co's violations of the order marking requirements of Regulation SHO ("Reg SHO") of the Exchange Act resulting from its improper use of aggregation units in structuring the firm's prime brokerage swaps business."
2020-238 30-Sep-2020 Press Release--Administrative Proceeding
Morgan Stanley Agrees to Pay $5 Million for Reg SHO Violations in Prime Brokerage Swaps Business
The SEC "announced settled charges against Morgan Stanley & Co. LLC for violations of Regulation SHO, the regulatory framework governing short sales."