NASD: Morgan Stanley falsely said it lost e-mails

Thursday, 21 December 2006, 12:02 PM EST

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.

At Computerworld.

[ Read more ]




Spotlight

More than a third of employees would sell company data

35 percent of employees would sell information on company patents, financial records and customer credit card details if the price was right. This illustrates the growing importance for organizations to deploy data loss prevention strategies.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Fri, Jul 31st
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //