WASHINGTON — In another black eye for Wall Street, the Commodity Futures Trading Commission late Thursday announced a $14 million fine against Morgan Stanley Capital Group Inc. to settle accusations of hiding its complex oil trades.The settlement, in which Morgan Stanley did not admit or deny the accusations, comes as oil prices have continued their steady upwards march and have some oil analysts again saying that excessive speculation is again pushing up energy prices.
Posts Tagged ‘Ubs Securities’
Morgan Stanley pays $14 million oil-trading fine
April 29th, 2010 
Before You Invest 
Posted in Finance Fraud 
Tags: Accusations, Article Synopsis, Black Eye, Capital Group Inc, Cftc, Commodity Futures Trading Commission, Commodity Trading, Counterpart, Energy Prices, Excessive Speculation, Futures Trading Commission, Morgan Stanley, Morgan Stanley Capital, New Attitude, Oil Prices, Oil Trading, Ubs, Ubs Securities, Upwards, Wall Street 
Comments OffUBS Seeks to Thwart Swiss Investors’ Arbitration Attempt
October 22nd, 2009 Before You Invest UBS Securities filed a lawsuit in the U.S. District Court in Manhattan on Tuesday seeking to thwart an attempted arbitration claim by a group of Swiss investors. The arbitration claim was filed with the Financial Industry Regulatory Authority in relation to alleged losses suffered by the Swiss UBS clients.The arbitration claim hopes to recover $41 million in hurts from UBS in connection with an investment made in a company called HealtheTech Inc.
UBS computer glitch blamed for $31bn trade error
March 1st, 2009 Before You Invest Switzerland’s largest bank, UBS, has said that a glitch in the computer systems of its Japanese securities unit led to the company mistakenly placing a $31 billion order for convertible bonds in the videogame designer Capcom.UBS Securities Japan said human error – so-called ‘stout finger syndrome’ – had not been to blame for ordering 100,000 more bonds than it wanted.
Posted in Finance Fraud Tags: 30 Million, Advertising Firm, Bourse, Capcom, Computer Glitch, Computer Systems, Convertible Bonds, Dentsu, Human Error, Japan, Japanese Securities, Mizuho Securities, Monetary Value, Tokyo Stock Exchange, Trades, Trillion, Tse, Ubs, Ubs Securities, Yen Comments OffFINRA Details Special Procedure for Auction Rate Consequential Damage Cases
December 19th, 2008 Before You Invest The Financial Industry Regulatory Authority (FINRA) today announced details of a special arbitration procedure for investors seeking recovery of consequential hurts related to their investments in Auction Rate Securities (ARS). Customers entitled to file for consequential hurts under ARS-related settlements that firms have concluded with FINRA or the Securities and Exchange Commission (SEC) may use this special procedure.
Posted in Finance Fraud Tags: Arbitration Procedure, Arbitration Rules, Auction Rate, Citigroup, Citigroup Global Markets, Consequential Damage, Consequential Damages, Dispute Resolution Forum, Fienberg, Financial Harm, Financial Industry Regulatory Authority, Finra, Illiquidity, Opportunity Costs, Option Investors, Securities And Exchange Commission, Sole Option, Ubs Financial Services, Ubs Securities, Wamu Comments Off
