Morgan Stanley to Repurchase Auction Rate Securities
August 11, 2008
August 11, 2008
NEW YORK, Aug. 11 -- Morgan Stanley issued the following news release:
Morgan Stanley announced today that it will repurchase at par auction rate securities (ARS) that are held by its retail accounts and were purchased through the Firm prior to February 13, 2008. Morgan Stanley has informed the appropriate authorities at the Office of the New York State Attorney General, the Office of the Secretary of State Illinois Securities Department (on behalf of the North American Securities . . .
Morgan Stanley announced today that it will repurchase at par auction rate securities (ARS) that are held by its retail accounts and were purchased through the Firm prior to February 13, 2008. Morgan Stanley has informed the appropriate authorities at the Office of the New York State Attorney General, the Office of the Secretary of State Illinois Securities Department (on behalf of the North American Securities . . .