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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Morgan Stanley | NYSE:MS | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.14 | 0.14% | 98.25 | 98.99 | 97.625 | 98.74 | 6,118,427 | 01:00:00 |
--Morgan Stanley is close to a deal to pay $200 million to $300 million to resolve an investigation into the handling of market-moving stock sales, Bloomberg reports, citing people with knowledge of the situation.
--The deal is with the Justice Department and the U.S. Securities and Exchange Commission and could be announced in the coming days.
--The penalty will be divided between the Justice Department and the SEC and will not include criminal charges, the people said.
--The DOJ, SEC and Morgan Stanley declined to comment to Bloomberg.
Full article at https://www.bloomberg.com/news/articles/2024-01-11/morgan-stanley-ms-to-pay-under-300-million-to-settle-trading-probe?srnd=premium
Write to ben.glickman@wsj.com; @benglickman
(END) Dow Jones Newswires
January 11, 2024 13:04 ET (18:04 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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