The Securities and Exchange Commission might enforce actions against Morgan Stanley for questionable mutual fund practices, The Wall Street Journal reports.

By allegedly not disclosing "sources, types and amounts of compensation" given by investment companies, the New York firm is in danger of disciplinary action. Still another enforcement action stems from allegedly selling Class B fund shares when other share classes would be more appropriate for investors. Morgan Stanley also said that New York State Attorney General Eliot Spitzer has accused the firm of improper fund trading.

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