Morgan Stanley to Pay $275 Mln to Resolve SEC Probe

Feb. 25 (Bloomberg) -- Morgan Stanley agreed to pay the U.S. Securities and Exchange Commission $275 million to resolve a probe into the sale of subprime mortgage-backed securities in 2007. Julie Hyman reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Daybreak: What You Need to Know Today July 27
58:45 - Countdown's Manus Cranny and Anna Edwards gives you the top stories on Daybreak, Bloomberg's new custom morning briefing. Details surrounding Apple's jump on iPhone optimism, the Yen roller coaster as Abe takes stage and a gloomy report seen from Deutsche Bank - and more - are available on {DAYB}.
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