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Investments and services are offered through Morgan Stanley DW Inc., member SIPC.
Active Assets, Active Assets Account, ClientServ, EasyCash and M-CAMP are registered service marks of Morgan Stanley DW Inc.
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Depending on your specific investment objectives and financial position, the investments discussed or recommended in this Web site may or may not be suitable for you. It is up to you to weigh any decision carefully. Past performance is not necessarily a guide to future performance and is no guarantor of future results. Income from investments may fluctuate. The price or value of any investment identified directly or indirectly in this Web site may fall or rise against your interests and the interests of other investors.
This firm or one of its affiliates may from time to time perform or seek to perform investment banking services for any company mentioned in these pages, and this firm and others associated with it may at any time be long or short, sell or buy, make markets or specialize in, have options in and effect transactions in the securities mentioned.
Opinions, where and when expressed, are subject to change without notice. Information was obtained from sources considered reliable, but no representation is made as to its accuracy.
| | | | SEC order execution and routing disclosure | | |
U.S. Securities and Exchange Commission ("SEC") Rule 11Ac1-6 requires all brokerage firms to publicly disclose their order routing practices. Disclosure is to describe routing of "non-directed orders," that is, orders that customers have not specifically asked to have sent to a particular venue for execution. For these non-directed orders, we select the venue on behalf of our customers.
The SEC-mandated quarterly reports of our order routing statistics for the most recent quarter and for the previous quarters provide information on the routing of orders placed in our full-service accounts through Morgan Stanley and in our self-directed accounts through Morgan Stanley Online.
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Effective April 1, 2007, Morgan Stanley DW Inc. merged with Morgan Stanley & Co. Incorporated; any non-historical references to Morgan Stanley DW Inc. found on our website should be read to refer to Morgan Stanley & Co. Incorporated.
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Investments and services are offered through Morgan Stanley & Co. Incorporated, member SIPC. © 2009 Morgan Stanley. All rights reserved.
The information and services provided on this website are intended for persons in the U.S. only. Non-U.S. persons are directed to our Global Offices page.
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