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Financial Crime News Briefs

Snapshots of money laundering, insider trading, financial fraud, sanctions evasion, regulations, and AI technology developments for educational purposes only.

Day: September 12, 2024

Written by FinCrimeSeptember 12, 2024

Morgan Stanley to Pay $2 Million Over First Republic Insider’s Stock Sales

Reported by Mason Braswell Morgan Stanley has agreed to pay $2 million as part of a settlement with Massachusetts state securities regulators based on allegations that it helped a former First Republic CEO sell company stock ahead of the San Francisco bank’s collapse.  Massachusetts Secretary of the Commonwealth William F. Galvin accused Morgan Stanley of […]

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