SEC Charges Morgan Stanley With Fraud

Posted on 01/18/2024


The Securities and Exchange Commission charged Morgan Stanley and the former head of its equity syndicate desk, Pawan Passi, with fraud spanning multiple years. The SEC says US$ 100 million in undeserved profits were earned due to the misuse of information. The SEC alleges the disclosure of confidential information about the sale of large quantities…

Get News, People, and Transactions, Delivered to Your Inbox