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Morgan Stanley unit settles charges it violated speculative position limits
March 24, 2014 / 3:45 PM / 3 years ago

Morgan Stanley unit settles charges it violated speculative position limits

WASHINGTON, March 24 (Reuters) - Morgan Stanley Capital Group Inc has agreed to pay $200,000 to settle civil charges it exceeded speculative position limits in soybean meal futures contracts trading, the U.S. Commodity Futures Trading Commission said on Monday.

The CFTC said that in January 2013, the company’s trading on the Chicago Board of Trade exceeded the all-months speculative position limit established by the regulator. (Reporting by Karey Van Hall)

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