Morgan Stanley fined $10M for anti-money laundering failures

Wall Street’s industry funded watchdog fined the brokerage unit of Morgan Stanley $ 10 million on Wednesday for compliance failures in the firm’s anti-money laundering program, the regulator said. The Financial Industry Regulatory Authority (Finra) said the lapses spanned more than five years, from January 2011 until April 2016. Morgan Stanley, which agreed to the fine…
Business | New York Post


Dems’ two biggest midterm failures and other commentary

Conservative: Working Class Key to GOP 2020 Victory The GOP’s massive election losses in traditionally Republican suburban districts have “set it irretrievably on a new path,” suggests Henry Olsen at The Washington Post: Either it re-creates a coalition based on working-class voters, “or it dies.” Nearly every House seat Republicans lost was in “traditional, high-income…
Opinion | New York Post


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