Thursday, December 11, 2014

Fraudulent Apple Trades Cost Morgan Stanley $4 Million in Fines

Morgan Stanley will pay $4 million to settle charges that it failed to stop a rogue Rochdale Securities LLC trader from fraudulently buying $525 million in Apple stock in 2012.

For more information, go to Morgan Stanley Fined $4 Million for Role in Fraudulent Apple Trades - WSJ

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