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CFTC: Orders Morgan Stanley Capital Services LLC to Pay $5 Million

October 5, 2020

Announced that it has filed and settled charges against Morgan Stanley Capital Services LLC a provisionally registered swap dealer
The order requires Morgan Stanley to pay a $5 million civil monetary penalty
This case demonstrates once again the importance of complying with the CFTC’s swap data reporting requirements
The CFTC will also continue to scrutinize closely entities that do not meet their reporting obligations
The order recognizes Morgan Stanley’s cooperation with the Division of Enforcement’s investigation in the form of a reduced civil monetary penalty
The CFTC thanks and acknowledges the assistance of the National Futures Association in this matter