{"id":31576,"date":"2023-05-02T22:21:21","date_gmt":"2023-05-02T22:21:21","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/morgan-stanley-in-talks\/"},"modified":"2023-05-02T22:24:44","modified_gmt":"2023-05-02T22:24:44","slug":"morgan-stanley-in-talks","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/morgan-stanley-in-talks\/","title":{"rendered":"Morgan Stanley in talks to resolve probes into block trading practices &#8211; filing"},"content":{"rendered":"<p>(Reuters) &#8211;     Morgan Stanley is looking to resolve more than a year long investigation by U.S. regulators into its block trading practices, the Wall Street bank said in a filing on Tuesday.<\/p>\n<p>The company is engaged in discussions with the enforcement division of the U.S. Securities and Exchange Commission (SEC) and the United States Attorney&#8217;s Office for the Southern District of New York, the regulatory filing said.<\/p>\n<p>Block trading tends to increase during times of volatility as institutional investors rebalance their portfolios.<\/p>\n<p>Broker-dealers frequently buy and sell blocks of shares, either on behalf of clients or as part of a hedging strategy, which are large enough to move a company&#8217;s share price.<\/p>\n<p>Still, the filing cautioned that there is no assurance that the investigations into the Wall Street firm&#8217;s blocks business and sales and trading practices will be resolved.     <\/p>\n<p>The company disclosed in February that it was cooperating with U.S. regulators over those investigations. <\/p>\n<p>Reuters reported last year that the SEC was probing whether financial executives may have broken the rules by tipping off hedge funds ahead of such trades. <\/p>\n<p \/>\n<p> (Reporting by Mehnaz Yasmin in Bengaluru; Editing by Maju Samuel)<\/p>\n<p><a href=\"http:\/\/lynettelockhart.com\/client\/morgan-stanley-in-talks\/file-photo-a-sign-is-displayed-on-the-morgan-stanley\/\"><img decoding=\"async\" src=\"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ410WC-VIEWIMAGE.jpg\" alt=\"tagreuters.com2023binary_LYNXMPEJ410WC-VIEWIMAGE\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; Morgan Stanley is looking to resolve more than a year long investigation by U.S. regulators into its block trading practices, the Wall Street bank said in a filing on Tuesday. The company is engaged in discussions with the enforcement division of the U.S. Securities and Exchange Commission (SEC) and the United States Attorney&#8217;s [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":31577,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1213],"tags":[],"class_list":["post-31576","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-business"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ410WC-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/31576","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=31576"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/31576\/revisions"}],"predecessor-version":[{"id":31578,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/31576\/revisions\/31578"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/31577"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=31576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=31576"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=31576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}