Morgan Stanley & Co. LLC (CRD #8209, New York, New York) recently submitted a Letter of Acceptance, Waiver and Consent in which the firm was censured and fined $40,000.
Without admitting or denying the findings, the firm consented to the described sanctions and to the entry of findings that in connection with transactions involving the purchase of a municipal gas bond, the firm failed to disclose to customers certain prior ratings information related to that security at or before the time of purchase.
This information which is publicly available on FINRA’s website has been provided by The White Law Group, LLC.
If you have questions about investments you made with Morgan Stanley, the securities attorneys of The White Law Group may be able to help. To speak with a securities attorney, please call the firm’s Chicago office at 312/238-9650.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida.
For more information on The White Law Group, please visit our website at https://whitesecuritieslaw.com.Tags: Morgan Stanley FINRA fine, Morgan Stanley FINRA investigation, Morgan Stanley FINRA sanction, Morgan Stanley municipal gas bond, Morgan Stanley regulatory fine, municipal bond fraud, municipal bond fraud attorney, municipal bond fraud lawyer, municipal gas bond investigation, municipal gas bond losses Last modified: December 30, 2022