SEC Charges Morgan Stanley and Former Executive Pawan Passi with Fraud in Block Trading Business
- Written by Newsfile
Firm agrees to pay more than $249 million to settle fraud charges and for failing to enforce information barriers
Washington, D.C.--(Newsfile Corp. - January 12, 2024) - The Securities and Exchange Commission today charged investment banking giant Morgan Stanley & Co. LLC and the former head of its equity syndicate desk, Pawan Passi, with a...