NEW YORK, NY – APRIL 17: Morgan Stanley’s New York headquarters are viewed on April 17, 2014 in New York City. Morgan Stanley reported that its first-quarter earnings rose 18 percent from the period a year earlier. (Photo by Spencer Platt/Getty Images)
The Financial Industry Regulatory Authority (FINRA) penalized Morgan Stanley Smith Barney LLC after concluding it failed to supervise an anti-money laundering program properly over five years.
[Image via Spencer Platt/Getty Images]