Amex begins trading Morgan Stanley notes

News

The American Stock Exchange (Amex) last month listed and began trading Morgan Stanley capital protected notes based on the value of the Standard & Poor’s (S&P) 500 Index. The securities were issued at a price of $10 with a maturity date of December 30, 2011, and trade under the symbol MOR.

The securities are principal protected but will not bear any interest. At maturity, investors will receive cash equal to the principal plus a supplemental redemption amount, if any, based on the performanc

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