Morgan Stanley appoints Eric Dinallo as head of regulation

Morgan Stanley has hired Eric Dinallo, currently chief of the investment protection bureau in the office of the New York State attorney-general, as a managing director and head of regulatory matters.

He will be responsible for the firm’s relations with various federal and state securities regulators as well as industry self-regulatory organisations. Dinallo, who is expected to start on September 8, will report to the chief legal officer, Donald Kempf.

“Eric Dinallo’s appointment underscores not only Morgan Stanley’s commitment to regulatory compliance, but to continuing to play a positive role in the shaping of public policy for the securities industry,” said Philip Purcell, Morgan