Violation Tracker Individual Record

Company: 
Morgan Stanley
Current Parent Company: 
Morgan Stanley
Penalty: 
$500,000
Year: 
2017
Date: 
September 28, 2017
Primary Offense: 
financial institution supervision failures
Violation Description: 

The Commodity Futures Trading Commission issued an Order filing and simultaneously settling charges against Morgan Stanley for failing to diligently supervise the reconciliation of exchange and clearing fees with the amounts it ultimately charged customers for certain transactions on the CME Group, ICE Futures US, and other exchanges.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Commodity Futures Trading Commission
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
New York
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
financial services
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.