Morgan Stanley's ClientServ Is "Transitorily" Unavailable; Withdrawal Requests May Or May Not Have Surged

Update: it is now back online. Redemptions and liquidations shall proceed in an orderly, dignified manner please.

As Italy's bourse has demonstrated so very well over the past week, when the things go not quite as expected, just yank the power cord. Our own institutions appear to be learning. Today's example, Morgan Stanley ClientServ, which may or may not be inundated with redemption requests. One couldn't really know for sure...

h/t Back 9


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