Morgan Stanley Wealth Management Australia required to amend false claim of independence LeapRate

August 27, 2018 BY Valentina Kirilova

Morgan Stanley Wealth Management Australia required to amend false claim of independence

Australian regulator ASIC has required Morgan Stanley Wealth Management Australia Pty Ltd (MSWMA) to amend a false claim of independence that could mislead consumers and investors. The claim was made in an ASX announcement released by Praemium Limited on 5 June 2018. The ASX announcement included a quote from MSWMA which described its business as…

ASIC appoints Morgan Stanley to sell shares in Sovereign Gold Company Limited

ASIC has appointed Morgan Stanley Wealth Management Australia Pty Ltd to sell 22,901,234 ordinary shares (Sale Shares) in Sovereign Gold Company Limited (SOC). The sale follows a decision by the Takeovers Panel to vest the shares in the Commonwealth for sale by ASIC. The shares represent approximately 1.62% of SOC's issued capital. The sale process…

Tag: Morgan Stanley Wealth Management Australia Pty Ltd

Morgan Stanley Wealth Management Australia required to amend false claim of independence

ASIC appoints Morgan Stanley to sell shares in Sovereign Gold Company Limited

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