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BANK FINED OVER FACEBOOK IPO | UTSanDiego.com – U-T San Diego

BANK FINED OVER FACEBOOK IPO | UTSanDiego.com
U-T San Diego
On Monday, Massachusetts' top financial regulator fined Morgan Stanley $5 million for violating securities laws, the first action against the bank stemming from its management of Facebook's initial public offering. The regulator, William Galvin, the