A US banking giant has agreed to pay a quarter of a billion dollars for promising confidentiality to clients – and revealing their information to gain a market advantage. The U.S. Securities and Exchange Commission (SEC) says it’s charging Morgan Stanley and its former head of equity syndicate desk, Pawan Passi, with fraud for disclosing The post US Banking Giant Paying $249,000,000 Fine for Abusing Markets, Reaping Millions From Confidential Information appeared first on The Daily Hodl .
