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.

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 ...

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 ...

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 ...

Morgan Stanley was fined $2 million by the Financial Industry Regulatory Authority over claims that the bank failed to completely report short positions in certain stocks.