Violation Tracker Individual Record

Company: 
Morgan Stanley Investment Management?
Current Parent Company: 
Morgan Stanley
Penalty: 
$3,300,000
Year: 
2011
Date: 
November 16, 2011
Primary Offense: 
investor protection violation
Violation Description: 

The Securities and Exchange Commission announced that Morgan Stanley Investment Management settled allegations of violating securities laws in a fee arrangement that repeatedly charged a fund and its investors for advisory services they weren't actually receiving from a third party.

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 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.