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Morgan Stanley Charged for Unethical High-Pressure Sales Contests

First Wells Fargo, now Morgan Stanley. On the heels of Wells Fargo’s cross-selling scandal, the broker-dealer Morgan Stanley has been accused of inappropriately promoting  “securities based loans” to customers, according to an article published in the Wall Street Journal on October 3, 2016.  The complaint, filed by Massachusetts securities regulators, alleges…

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