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October 13, 2016
Massachusetts Charges MORGAN STANLEY with "Dishonest and Unethical Conduct"

Massachusetts state officials have charged Morgan Stanley with “dishonest and unethical conduct,” saying it ran high-pressure sales contests. These alleged contests in Massachusetts and Rhode Island focused on the sales of securities-based loans (SBLs).  Authorities said clients were allowed to borrow against the value of the securities in their investment accounts with their securities as […]

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