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June 12, 2016 BY LeapRate Staff

Forex Industry Week Review - Baidu's binary options ban, IronFX-FXDD merger, AxiTrader's new CEO, and lots more

It was another week of record hits to our site, as Forex industry news at LeapRate uncovered some big industry-changing stories before anyone else. We of course broke the story of the planned IronFX-FXDD merger and reverse takeover into a public company, after which a number of other blogs seemed to pop up with me-too 'Exclusive' stories…

June 09, 2016 BY LeapRate Staff

Morgan Stanley client data hacked and sold online leading to $1 million SEC fine

The U.S. Securities and Exchange Commission today announced that Morgan Stanley Smith Barney LLC, a division of Morgan Stanley (NYSE:MS), has agreed to pay a $1 million penalty to settle charges related to its failures to protect customer information, some of which was hacked and offered for sale online. The SEC issued an order finding…

June 06, 2016 BY LeapRate Staff

Morgan Stanley sells down Plus500 Ltd stake to below 3%

LeapRate has learned via filings made to the London Stock Exchange that global investment bank Morgan Stanley (NYSE:MS) has sold down its stake in FCA regulated retail forex and CFD broker Plus500 Ltd (LON:PLUS) to below 3%. Morgan Stanley had been the second or third largest outside shareholder in Plus500 at just under 7%, after UK investment manager…

December 01, 2015 BY Maria Nikolova

Morgan Stanley to fire a quarter of its FX traders

Poor financial performance is taking its toll on Wall Street investment bank Morgan Stanley (NYSE:MS). As per LeapRate's earlier report, the bank posted a set of disappointing financial metrics for the third quarter of 2015, including a 42% decrease in fixed-income trading revenues. The poor trading results will cost hundreds of jobs at Morgan Stanley, with…

October 19, 2015 BY LeapRate Staff

Morgan Stanley weakness in FX trading leads to poor Q3 results

Wall Street investment bank Morgan Stanley (NYSE:MS) reported Q3 results which disappointed investors, sending its shares diving about 6% in pre-market trading Monday. The culprit at Morgan Stanley which most street analysts are pointing to is the company's 17% drop in Trading Revenue during the quarter, with its clients staying away from the bond, currency and commodity markets.…

August 06, 2015 BY LeapRate Staff

Morgan Stanley issued $300,000 fine for Segregated Client Fund failures

The CFTC today issued an order requiring a unit of Morgan Stanley (NYSE:MS) to pay a $300,000 civil monetary penalty for failing to hold sufficient U.S. Dollars in segregated accounts in the United States to meet all of its U.S. Dollar obligations to cleared swaps customers. The Order also finds that the firm failed to implement…

June 22, 2015 BY Andrew Saks-McLeod

Morgan Stanley and Scottrade fined a collective $950,000 over handling of third party accounts

FINRA found that Morgan Stanley failed to implement reasonable supervisory systems and procedures to review and monitor transmittal of customer funds through wire transfers from multiple customer accounts to the same third-party accounts and outside entities.

June 22, 2015 BY Andrew Saks-McLeod

Tag: Morgan Stanley (NYSE:MS)

Forex Industry Week Review - Baidu's binary options ban, IronFX-FXDD merger, AxiTrader's new CEO, and lots more

Morgan Stanley client data hacked and sold online leading to $1 million SEC fine

Morgan Stanley sells down Plus500 Ltd stake to below 3%

Morgan Stanley to fire a quarter of its FX traders

Morgan Stanley weakness in FX trading leads to poor Q3 results

Morgan Stanley issued $300,000 fine for Segregated Client Fund failures

Morgan Stanley and Scottrade fined a collective $950,000 over handling of third party accounts

Morgan Stanley and Standard Chartered approved by ICE Benchmark Administration for gold auction participation

CLS shareholders elect four new board directors

Morgan Stanley fined $2 million for violating short sale rule

Mitsubishi UFJ Financial Group Reorganises Overseas Securities Entities

J.P. Morgan Securities Fined $3 Million by FINRA

Mastercard: US Holiday Season Retail Sales Grew 3.8%

Visa Says US Holiday Retail Spend Rose 4.8% YoY

SEC Charges Investment Adviser Dolphin Associates and Donald Netter for Misleading Investors