Wednesday, August 31, 2005

SEC may fine Morgan Stanley $10 million for not keeping email SEC may fine Morgan Stanley $10 million over e-mail
The Securities and Exchange Commission is threatening to fine Morgan Stanley more than $10 million for failing to keep e-mails in a number of cases the agency brought against the brokerage firm.

The fine, if levied, would be one of the biggest monetary penalties ever paid by a Wall Street brokerage firm for failing to preserve records, the Wall Street Journal reported on Tuesday.

Via beSpacific


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