Morgan Stanley Fined $2M Over First Republic Stock Sales

Published on September 6, 2024

Morgan Stanley will pay the fine to settle the investigation by the Massachusetts Securities Division.

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Employment Report: 142K Jobs Added in August, Less Than Expected

September 6, 2024
The latest employment report showed 142,000 jobs were added in August, falling short of the expected addition of 164,000 new jobs. Meanwhile, the unemployment rate ticked lower to 4.2%.

Morgan Stanley to Pay $2M Over Sale of First Republic Shares

September 6, 2024
The firm failed to ensure the troubled bank's ex-CEO wasn't trading on inside information, says William Galvin.      Related StoriesA $25 Vanguard Fee Glitch Is Now Fixed - EnclosureIRS Seeks Feedback on Saver's Match Under Secure 2.0 - EnclosureTrump Vows 15% Corporate Tax, Taps Musk for Federal Audit - Enclosure