us.etrade.com Open in urlscan Pro
65.196.177.40  Public Scan

Form analysis
0 forms found in the DOM

Text Content

Morgan Stanley Annual Notices to Customers
Skip to content

Search by Symbol/Keyword
search



Close search close




ANNUAL NOTICES TO CUSTOMERS



FINRA RULE 2264  – MARGIN DISCLOSURE

Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is furnishing this
information to you to provide some basic facts about purchasing securities on
margin. Securities purchased on margin are Morgan Stanley's collateral for the
loan to you. If the securities in your account decline in value, so does the
value of the collateral supporting your loan, and, as a result, Morgan Stanley
can take action, such as issue a margin call and/or sell securities or other
assets in any of your accounts held with Morgan Stanley, to maintain the
required equity in the account. It is important that you fully understand the
risks involved in trading securities on margin.

These risks include the following:

 * You can lose more funds than you deposit in the margin account.
 * Morgan Stanley can force the sale of securities or other assets in your
   account(s).
 * Morgan Stanley can sell your securities or other assets without contacting
   you.
 * If Morgan Stanley takes action to meet a margin call on your behalf, you will
   not have the ability to choose which securities are liquidated.
 * Morgan Stanley can increase your "house" maintenance margin requirements at
   any time and is not required to provide you advance written notice.
 * Morgan Stanley may change margin requirements at any time without prior
   notice and call for additional collateral, including without limitation on an
   intraday basis.
 * You are not entitled to an extension of time on a margin call.

FINRA RULE 2266 – SIPC INFORMATION

SIPC and Other Coverage. Morgan Stanley is a member of SIPC, which protects
securities customers of its members up to $500,000 (including $250,000 for
claims of cash). Customers may obtain information about SIPC, including the SIPC
brochure, by contacting SIPC at sipc.org or calling 1-202-371-8300.

Morgan Stanley also maintains additional insurance with an aggregate firmwide
limit of $1 billion. For additional information about Morgan Stanley's excess of
SIPC protection, please go to etrade.com/iai.

Please note that money market mutual fund balances are securities, not cash. As
with other securities investments, the market risks associated with investing
and any losses resulting therefrom are not covered by SIPC or the additional
protection.


FINRA RULE 2267 – BROKERCHECK

FINRA's BrokerCheck allows investors to learn about the professional background,
business practices, and conduct of FINRA member firms and their brokers. Records
of securities professionals currently associated with a member and persons who
have been associated with a member within the last two years are available to
the public through BrokerCheck. Information is also available for
FINRA-registered securities firms. Information is free to private investors for
personal use. The telephone number of BrokerCheck is 1-800-289-9999. For more
information about FINRA, visit finra.org. An investor brochure describing the
BrokerCheck program is also available on request or at brokercheck.finra.org.

SEA RULE 606 – NOTICE OF AVAILABILITY OF ORDER ROUTING INFORMATION

Morgan Stanley prepares quarterly reports describing its order routing practices
for nondirected orders routed to a particular venue for execution. These reports
are publicly available at etrade.com. Morgan Stanley will furnish a written copy
of the quarterly report on request. In addition, Morgan Stanley will provide on
request more-detailed information related to the routing of any order in the six
months prior to the request, including the identity of the venue to which the
customer's orders were routed for execution, whether the orders were directed or
nondirected orders, and the time of any transactions that resulted from such
orders.

SEA RULE 607 – PAYMENT FOR ORDER FLOW DISCLOSURE

Morgan Stanley takes a number of factors into consideration in determining where
to route customers' orders, including the speed of execution, price improvement
opportunities (executions at prices superior to the then prevailing inside
market), automatic execution guarantees, the availability of efficient and
reliable order-handling systems, the level of service provided, the cost of
executing orders, and whether it will receive remuneration from particular
broker-dealers and market centers for routing customer orders to them for
execution. Morgan Stanley receives remuneration, generally in the form of cash
payments and rebates, from particular broker-dealers and market centers for
directing customer orders in securities to them for execution.

MSRB NOTICE

This notification is provided pursuant to Municipal Securities Rulemaking Board
("MSRB") Rule G-10 to inform you that (i) Morgan Stanley is registered with the
MSRB and the Securities and Exchange Commission (SEC), (ii) information
concerning the municipal market can be found at msrb.org, and (iii) a brochure
that describes the protections available under MSRB rules and how to file a
complaint with an appropriate regulatory authority is available on the MSRB
website.

0323-MSSBNOT-E67929


ETRADE FOOTER



ABOUT US 

 * Company Overview
 * Investor Relations
 * Newsroom
 * Careers
 * Accessibility at E*TRADE
 * Privacy & Cookies
 * Your Privacy Choices

SERVICE 

 * Contact Us
 * FAQs
 * Forms and Applications

QUICK LINKS 

 * Open An Account
 * Fund My Account
 * Cash Management
 * Stock Plans
 * Executive Services
 * Security Center
 * Site Map

CONNECT WITH US

phone 800-387-2331

 *  
 *  
 *  
 *  
 *  

--------------------------------------------------------------------------------



CHECK THE BACKGROUND OF MORGAN STANLEY SMITH BARNEY LLC ON FINRA'S
BROKERCHECK AND SEE
THE MORGAN STANLEY SMITH BARNEY LLC RELATIONSHIP SUMMARY.

Investment Products • Not FDIC Insured • No Bank Guarantee • May Lose Value

PLEASE READ THE IMPORTANT DISCLOSURES BELOW.

BANKING PRODUCTS AND SERVICES ARE PROVIDED BY MORGAN STANLEY PRIVATE BANK,
NATIONAL ASSOCIATION, MEMBER FDIC.





Securities products and investment advisory services offered by Morgan Stanley
Smith Barney LLC, Member SIPC and a Registered Investment Adviser. Commodity
futures and options on futures products and services offered by E*TRADE Futures
LLC, Member NFA Stock plan administration solutions and services offered by
E*TRADE Financial Corporate Services, Inc., and are a part of Morgan Stanley at
Work. Banking products and services provided by Morgan Stanley Private Bank,
National Association, Member FDIC. All entities are separate but affiliated
subsidiaries of Morgan Stanley. E*TRADE from Morgan Stanley and Morgan Stanley
at Work are registered trademarks of Morgan Stanley.

System response and account access times may vary due to a variety of factors,
including trading volumes, market conditions, system performance, and other
factors.

Statement of Financial Condition | About Asset Protection | Account Agreements
and Disclosures | Quarterly 606 Report | Business Resiliency Plan

©2023 E*TRADE from Morgan Stanley. All rights reserved. E*TRADE Copyright Policy



--------------------------------------------------------------------------------

 * 
 * 

252w401m5-170w401m5