Defendant Name:
Morgan Stanley and Co. LLC
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
Morgan Stanley
SIC Code:
6712
CUSIP:
61744644
Document Reference:
34-60342
Document Details
Legal Case Name
In the Matter of Morgan Stanley & Co. Incorporated
Document Name
Order Instituting Administrative And Cease-and-Desist Proceedings, Making Findings, and Imposing Remedial Sanctions, a Censure, and a Cease-and-Desist Order Pursuant to Section 15(b) of the Securities Exchange Act of 1934 and Sections 203(e) And 203(k) of the Investment Advisers Act of 1940
Document Date
20-Jul-2009
Document Format
Administrative Proceeding
Allegation Type
Investment Advisers/Investment Companies
Document Summary
On July 20, 2009, the SEC instituted settled administrative and cease and desist proceedings against Morgan Stanley & Co. Incorporated ("Morgan Stanley"). According to the SEC: "From 2000 through at least April 2006, Morgan Stanley (f/k/a Morgan Stanley DW Inc.) breached its fiduciary duty to certain of the firm's advisory clients and prospective advisory clients of its Nashville, Tennessee branch office by making material misstatements."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Monetary Penalties:
Civil Penalty
Individual:
$500,000.00
Shared: