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Massachusetts Slaps Morgan Stanley With $5M Fine Over Facebook IPO – AdvisorOne


AdvisorOne

Massachusetts Slaps Morgan Stanley With $5M Fine Over Facebook IPO
AdvisorOne
Morgan Stanley (MS) has agreed to pay a $5 million fine over issues related to its conduct as the lead underwriter of Facebook's (FB) IPO on May 18, Massachusetts regulators said Tuesday. The company, which is led by James Gorman (left) neither