The investigations center on messaging platforms used by employees but not approved by Morgan Stanley.
The settlement with the SEC is for $125 million, while the deal with the CFTC is for $75 million.
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Morgan Stanley has settled with the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) over recordkeeping and business communication issues. So reports Reuters.
The investigations center on messaging platforms used by employees but not approved by Morgan Stanley.
The settlement with the SEC is for $125 million, while the deal with the CFTC is for $75 million.