Defendant Name: Morgan Stanley and Co. LLC

Defendant Type: Subsidiary of Public Company

Document Reference: 34-68299

Document Details

Legal Case Name In the Matter of Morgan Stanley & Co., Incorporated
Document Name Order Authorizing the Transfer of Remaining Funds and Any Future Funds Returned to the Disgorgement Fund to the United States Treasury, Terminating the Disgorgement Fund, and Discharging the Plan Administrator
Document Date 27-Nov-2012
Document Format Administrative Proceeding
File Number 3-12631
Allegation Type Broker Dealer
Document Summary On November 27, 2012, the SEC ordered the termination of the Disgorgement Fund and the discharge of Rust Consulting, Inc. as Plan Administrator. The SEC also ordered the transfer of the $3,838,484.53 remaining balance in the Disgorgement Fund and any future funds returned to the Disgorgement Fund to the United States Treasury. The Disgorgement Fund initially consisted of MS & Co.'s payment of $5,949,222 in disgorgement and $507,978 in prejudgement interest.

Disgorgement & Penalty Information

Resolutions
Disgorgement Plan
Plan of Distribution
Monetary Penalties:

Disgorgement

Individual:     $5,949,222.00 Shared:    

Civil Penalty

Individual:     $1,500,000.00 Shared:    

Pre-Judgment Interest

Individual:     $507,978.00 Shared:    

Related Documents:

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Order Instituting Administrative and Cease-and-Desist Proceedings, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order Pursuant to Sections 15(b) and 21C of the Securities Exchange Act of 1934
On May 9, 2007, the SEC instituted settled administrative and cease-and-desist proceedings against Morgan Stanley & Co., Incorporated ("MS & Co."). According to the SEC: "This matter arises from MS & Co.'s failure to provide best execution to certain retail orders for over-the-counter ('OTC') securities during the time period of October 24, 2001, through December 8, 2004...."
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34-60567 25-Aug-2009 Administrative Proceeding
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On May 24, 2010, the SEC issued an Order Directing Disbursement of Disgorgement Fund.
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