After Tesla stock got a pop following news of the company’s latest autonomous milestones, one prominent Tesla analyst peered into the crystal ball to see what Tesla intends to do next with robotaxis.
Massachusetts’ securities regulator accused Morgan Stanley of failing to properly supervise sales of First Republic stock worth $6.8 million by a former First Republic CEO.
Morgan Stanley held the account for a former insider at First Republic, and failed to affirm with the customer that the individual was not trading based on material nonpublic information at the time, the spokesperson said. The settlement was first reported by the Wall Street Journal.