Case Result

$5M

Investment Misconduct - Securities Fraud

2020
Albany, NY

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Case Details

Morgan Stanley Smith Barney agreed to settle charges that it provided misleading information to clients in its Retail Wrap Fee Programs regarding trade execution services and transaction costs.

Additional Notes

SEC announced settlement charges against Morgan Stanley Smith Barney for misleading information in Retail Wrap Fee Programs. A Fair Fund of $5,000,000 was created for harmed investors.

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