According to Odaily, Morgan Stanley is expected to announce a settlement with the U.S. Commodity Futures Trading Commission (CFTC) as early as Wednesday. The settlement amount is reported to be $100 million. As part of the agreement, Morgan Stanley is expected to admit to violating CFTC regulations.
Neither the CFTC nor Morgan Stanley have commented on this report. However, Morgan Stanley has previously stated that it self-reported the regulatory violations. The bank also noted that it found no improper conduct and that no harm was caused to its customers.
