White Collar Capital

White Collar Capital

Morgan Stanley Planning to Set its Brokers Loose on Twitter

The way that brokers communicate with the public is closely monitored in an effort to prevent scams, false advertising and misleading advice.

It’s the reason why, even as their customers flocked to services like Twitter and Facebook, the big banks banned their brokers from using these services for work.

But Morgan Stanley, the largest U.S, retail brokerage with 17,800 advisers, now plans to allow its staff limited access to both Twitter and LinkedIn, which just completed a very successful IPO, on which Morgan Stanley was a lead underwriter.  Read More