Morgan Stanley’s E*Trade deal to test Washington’s regulatory mood in election year
Morgan Stanley’s
takeover of brokerage E*Trade Financial Corp reflects a
more relaxed regulatory mood in Washington, but it is still a
gamble in an election year that will see Democrats continue to
shine a spotlight on Wall Street excesses, said analysts.
takeover of brokerage E*Trade Financial Corp reflects a
more relaxed regulatory mood in Washington, but it is still a
gamble in an election year that will see Democrats continue to
shine a spotlight on Wall Street excesses, said analysts.
Posted by Reuters
