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Morgan Stanley settles sales contest probe with $1M payout


In this sales contest, Morgan Stanley is the loser. James Gorman’s bank and the Massachusetts securities regulator on Wednesday agreed to settle a probe into allegations that Morgan Stanley ran a highly improper sales contest to boost its book of securities-based loans. Morgan Stanley did not admit or deny any wrongdoing but agreed to pay...
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Source: New York Post


02:45, April 13, 2017 Kevin Dugan

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