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Strategies & Market Trends : Waiting for the big Kahuna

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To: ratan lal who wrote (16663)	4/16/1998 1:33:00 PM
From: vincenzo	Read Replies (1) of 94695

MORGAN STANLEY FINED: Morgan Stanley & Co. was fined $1 million by the National Association of Securities Dealers for allegedly manipulating the price of some stocks that are part of the Nasdaq 100 index, to avoid losses on options based on that index. NASD Regulation Inc. said the brokerage firm manipulated the price of a total of 10 securities on two separate days in 1995 when options on the index were set to expire. WSJ Go ask the masters how indexes are manipulated. vincenzo

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