Updated Saturday, August 29, 2015 as of 8:36 AM ET

Former Broker Ordered to Repay Over $2 Million

A former Morgan Stanley broker has been ordered to repay more than $2 million of his recruiting bonus after the firm said he left before his contract expired. Advisor Wilhelm Nash, who left Morgan Stanley in 2010 after two years at the firm, departed to Credit Suisse before his upfront loans had fully vested, the firm said in a complaint filed with FINRA.

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