Foreign Collusion, Naked Shorting (Counterfeiting) & Money Laundering — All Illicit Wealth
13 June 2005
NASD announced today that it has charged Scott W. Ryan of Bryn Mawr, PA, and Ryan & Company, LP (RYCO) of West Conshohocken, PA, with engaging in a long-term, widespread scheme of impermissible short selling activity on behalf of three hedge fund clients.
NASD Fines Morgan Stanley $1 Million For Allegedly Manipulating Stock Prices
Deborah Lohse
Wall Street Journal,
The National Association of Securities Dealers fined Morgan Stanley & Co. $1 million and suspended and fined seven traders for allegedly manipulating in 1995 the price of 10 stocks that are part of the Nasdaq 100 Index.
The decision was issued Monday, following five days of hearings last June and July before the NASD’s market-regulation committee. That committee, made up of members of the securities industry, was convened after Morgan Stanley contested an NASD Regulation complaint on the matter issued Oct. 25, 1996.
THE DOLLAR HAS NO INTRINSIC VALUE : DO YOUR ASSETS?
