Massachusetts’ securities regulator fined Morgan Stanley $2 million for allegedly failing to properly monitor insider securities sales by a former CEO of First Republic Bank in the months prior ...

In the months before it failed last year, the executive chairman of First Republic Bank FRCB 14.29 % increase; green up pointing triangle sold more than $6.8 million worth of stock through Morgan ...

Morgan Stanley Is Fined for First Republic C.E.O.’s Stock Sales James Herbert was permitted to sell nearly $7 million of shares before First Republic Bank’s demise last year, Massachusetts ...