Morgan Stanley will pay $249 million to settle criminal, SEC block trade probes
Morgan Stanley(MS) CNBC·2024-01-12 15:56Chairman and CEO of Morgan Stanley James Gorman speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023.Morgan Stanley has agreed to pay a total of $249 million to settle a criminal investigation and a related Securities and Exchange Commission probe of the unauthorized disclosure of block trades to investors by the bank's supervisor for such trades and another employee, authorities said Friday.A ...