Morgan Stanley offices in Baltimore, MD. Photo: Diego M. Radzinschi/ALM Morgan Stanley Agrees to Pay $249 Million to Resolve Block Trading Investigations
Manhattan U.S. Attorney Williams emphasized that the resolution also demonstrates that his office is willing to "evaluate each case and each prosecution on its facts and circumstances" and consider alternatives to prosecution.
January 12, 2024 at 05:48 PM
3 minute read
Financial Services and Banking
Morgan Stanley has agreed to pay $249 million to resolve federal investigations into its block trades business, officials at the U.S. Attorney's Office for the Southern District of New York and the U.S. Securities and Exchange Commission announced Friday.
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