Meet The Latest Member Of Morgan Stanley’s Block-Buying and selling Table


It will have to were a impolite marvel for the ones manning Morgan Stanley’s block-trading table (and, in fact, their consumers) to be told that their conversations had been being monitored, retrospectively, by means of the Justice Division and Securities and Alternate Fee. (Despite the fact that precisely when that marvel got here is open to interpretation.) Turns out the Feds had gotten it into their heads that block-trading, as a lot a cornerstone of what funding banks do as the rest, is only a large previous sq. fig leaf for a number of insider-trading.







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