Morgan Stanley was fined $2 million by a Massachusetts regulator over stock sales by a First Republic executive in the months leading up to the California lender’s collapse last year.

M assachusetts’ securities regulator fined Morgan Stanley $2 million for allegedly failing to properly monitor insider securities sales by a former CEO of First Republic Bank in the months prior ...

In addition to the $2 million fine, Morgan Stanley has been ordered to conduct an internal review of its policies and to provide training to its broker-dealers in Massachusetts on the prevention ...

In the months before it failed last year, the executive chairman of First Republic Bank FRCB 0.00 % increase; green up pointing triangle sold more than $6.8 million worth of stock through Morgan ...

Morgan Stanley Is Fined for First Republic C.E.O.’s Stock Sales James Herbert was permitted to sell nearly $7 million of shares before First Republic Bank’s demise last year, Massachusetts ...

Morgan Stanley failed to properly vet the former First Republic CEO, identified as "Customer One," who sold over $6.8 million in First Republic stock from February 2022 to March 2023 — just ...

Morgan Stanley expects to pay a $200 million fine related to a broad U.S. investigation into the use of unapproved personal devices, according to its earnings statement. That amount is based on ...

Morgan Stanley has been fined $2 million in Massachusetts for its role in the sale of First Republic Bank stock in the lead-up to its collapse in 2023. According to a statement from the office of ...

The SEC said that for five years, Morgan Stanley Smith Barney failed to protect personal identifying information for 15 million customers. The firm agreed to pay the fine without admitting or ...

Morgan Stanley fined some of its own bankers more than $1 million each for conducting business on WhatsApp and other messaging platforms, the latest fallout from an industrywide probe that saw US ...

Morgan Stanley agreed to pay $2 million to settle the investigation by the Massachusetts securities regulator. The bank neither admitted nor denied wrongdoing.

Massachusetts’ securities regulator fined Morgan Stanley $2 million for allegedly failing to properly monitor insider securities sales by a former CEO of First Republic Bank in the months prior ...