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Morgan Stanley’s wealth arm is being probed by multiple regulators, WSJ reports

By Thomson Reuters Apr 11, 2024 | 1:22 PM

(Reuters) – Morgan Stanley’s wealth management arm is being probed by multiple regulators, the Wall Street Journal reported on Thursday citing people familiar with the matter.

The U.S. Securities and Exchange Commission, the Office of the Comptroller of the Currency and other Treasury Department offices are involved, the report said.

(Reporting by Niket Nishant in Bengaluru; Editing by Krishna Chandra Eluri)