Morgan Stanley in talks with regulators on block trading probe, Bloomberg says

Morgan Stanley said it is in the midst of a discussion with U.S. regulators on its block trading practices , wrote Sridhar Natarajan for Bloomberg. The focus of the probe is "information-sharing when big blocks are sold," added the Bloomberg story. "The firm is currently engaged in discussions regarding potential resolution of the investigations by the enforcement division of the U.S. Securities and Exchange Commission and the US Attorney’s Office for the Southern District of New York into various aspects of the firm’s blocks business," the bank said in a regulatory filing, according to Bloomberg. Reference Link