Morgan Stanley Seeks Growth In Private Investments Despite Volcker Rule Restrictions

Interestingly, Morgan Stanley has been expanding in the industry while sticking to the 3% limit laid out under the Volcker Rule for a bank's use of its own money in any private fund. The investment bank is actually capitalizing on the strong revenue opportunities that exist in private equity funds in the form of management fees and performance fees to boost its top-line figures while still staying within the letter of the law.