NASD: Morgan Stanley falsely said it lost e-mails
he National Association of Securities Dealers (NASD) said Morgan Stanley had routinely failed to provide e-mails requested by investors with complaints against its retail brokerage unit, falsely claiming they were lost in the Sept. 11, 2001, attacks.
The securities industry's self-regulatory arm said in a disciplinary complaint that Morgan Stanley claimed that millions of e-mails had been lost in the terrorist attacks that destroyed New York's World Trade Center.
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