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Fed Board accepts resubmitted capital plan from Morgan Stanley

The Federal Reserve Board has said that it will not object to a resubmitted capital plan from Morgan Stanley, as a result of progress made by the firm in addressing deficiencies identified by the Board in last year's Comprehensive Capital Analysis and Review (CCAR).

In June 2016, following its review of the firm's capital plan, the Board required Morgan Stanley to resubmit its capital plan to address certain qualitative deficiencies in its capital planning processes. Those deficiencies inc

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