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Violation Tracker Individual Record

Company: Morgan Stanley DW
Current Parent Company: Morgan Stanley
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $700,000
Year: 2005
Date: September 6, 2005
Offense Group: financial offenses
Primary Offense: investor protection violation
Secondary Offense: financial institution supervision failures
Violation Description: Morgan Stanley agreed to pay $700,000 in settlement of a state administrative action alleging that improperly supervised brokers who executed numerous unauthorized and unsuitable securities transactions in the brokerage accounts of a married couple.
Level of Government: state
Action Type: agency action
Agency: Delaware Attorney General
Civil or Criminal Case: civil
Facility State: Delaware
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: financial services
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.