Morgan Stanley could pay $275 million financial crisis settlement to SEC

The settlement, which does not require Morgan Stanley to admit wrongdoing, still needs to be accepted

Next up in line to pay its role in the 2008 financial crisis: Morgan Stanley. And the price tag could be a costly one.

In an annual filing on Feb. 25, Morgan Stanley announced that it has reached a $275 million proposed settlement with the Securities and Exchange Commission (SEC) over its wrongdoings during the financial crisis. According to the company, the “agreement in principle” does not require the company to admit any wrongdoing.

Assistant Editor

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Zach Warren

Zach Warren is Assistant Editor of InsideCounsel magazine, where he oversees online content submissions and administers InsideCounsel's enewsletters. Zach specializes in new media and multimedia...

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