Violation Tracker Individual Record
Company:
Morgan Stanley Investment Management
Current Parent Company:
Morgan Stanley
Penalty:
$8,800,000
Year:
2015
Date:
December 22, 2015
Offense Group:
financial offenses
Primary Offense:
investor protection violation
Violation Description:
The Securities and Exchange Commission announced that Morgan Stanley Investment Management agreed to pay $8.8 million to settle charges that one of its portfolio managers unlawfully conducted prearranged trading known as "parking" that favored certain advisory client accounts over others.
Level of Government:
federal
Action Type:
agency action
Agency:
Securities and Exchange 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 of Data:
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.
