Morgan Stanley to Pay $950K to Finra, Customers Over Alleged Churning

August 17, 2020

Finra says Morgan Stanley has agreed to pay $950,000 over alleged failures to supervise one of its brokers who churned client accounts.

Source: FinancialAdvisoriq.com | By Alex Pedalka | August 14, 2020

From January 2012 through December 2017, the company allegedly failed to take reasonable steps to review short-term trades recommended by a Morgan Stanley registered representative Finra only identifies as “KG,” according to a letter of acceptance, waiver, and consent published by the industry’s self-regulator.

CLICK HERE to read the full article.

Real Financial Advice. Real Money Management. 100% of the Time.

We work with investors who have $1,000,000 of investment assets and greater. 
Schedule a Consultation
BRIAN REZNY LIVE ON TV AND RADIO:
AS SEEN ON:
Privacy Policy
RWM Form ADV
Legal/Disclosures
Office and Other Meeting Locations
Fort Myers, FL
Naples, FL
Boca Raton, FL
Aurora, IL

© 2021 - Site by RSM Marketing