Basic Search
|
Summaries
|
Advanced SearchViolation Tracker Individual Record
Company: Morgan Stanley
Current Parent Company:
Morgan Stanley
Parent at the Time of the Penalty Announcement:
subscribe to see this data field
Penalty: $225,000,000
Year: 2015
Date: December 10, 2015
Offense Group: financial offenses
Primary Offense: toxic securities abuses
Secondary Offense: investor protection violation
Mega-Scandal:
Toxic Securities
Violation Description: The National Credit Union Administration announced a settlement with Morgan Stanley for $225 million to resolve claims arising from losses related to corporate credit unions' purchases of faulty residential mortgage-backed securities.
Level of Government: federal
Action Type: agency action
Agency: National Credit Union Administration
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: financial services
Source of Data:
(click here)
Archived Source:
(click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.
