Defendant Name:
Morgan Stanley and Co. LLC
Defendant Type:
Subsidiary of Public Company
Document Reference:
2014-274
Document Details
Legal Case Name
In the Matter of Morgan Stanley & Co. LLC
Document Name
SEC Penalizes Morgan Stanley for Violating Market Access Rule
Document Date
10-Dec-2014
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Document Summary
On December 10, 2014, the SEC announced in a Press Release that: "The Securities and Exchange Commission today penalized Morgan Stanley & Co. LLC for violating the market access rule when it failed to uphold credit limits for a customer firm with a rogue trader who engaged in fraudulent trading of Apple stock."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured