Morgan-Stanley

Facebook IPO Market Manipulation by Morgan Stanley

2012-05-18 00:00:00 +0000 UTC | Importance: 9/10

Morgan Stanley and other underwriters engaged in selective disclosure during Facebook’s initial public offering, revealing sensitive financial information only to institutional investors. Massachusetts securities regulators fined Morgan Stanley million for creating an ‘unlevel playing …

Morgan Stanley Facebook William Galvin James Gorman securities-fraud market-manipulation tech-industry financial-regulation facebook +1 more

Federal Reserve Begins Systematic Dismantling of Glass-Steagall Restrictions

1990-01-01 00:00:00 +0000 UTC | Importance: 9/10

The Federal Reserve Board continues its incremental erosion of Glass-Steagall Act restrictions, approving expanded securities underwriting capabilities for JP Morgan & Co. Following a 3-2 vote in 1987 to ease regulations, the Fed systematically reinterprets Congressional banking separation laws. …

Federal Reserve Board Alan Greenspan JP Morgan & Co. Morgan Stanley corporate-stock-underwriting jp-morgan morgan-stanley glass-steagall-violation regulatory-capture +1 more