Free Site Registration

Morgan Stanley Fined $5 Million by Finra Over Retail IPO Sales

Traders Magazine Online News, May 12, 2014

Michael J. Moore

Morgan Stanley Smith Barney was fined $5 million by the Financial Industry Regulatory Authority for sales practices involving initial public offerings to individual investors, including that of Facebook Inc.

Get access to this article and thousands more...

All articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?