Clearing House Advisory Notices
To | Clearing Member Firms
From | Clearing House Department
Subject | CORPORATE EVENT: Morgan Stanley (MS) Contract Adjustment 7/2/07
Notice Date | 2007-06-22
Notice Number | 07-149
Effective Date | 2007-07-02
Morgan Stanley (MS) has announced a distribution of Discover Financial Services (DFS) Common Shares. The distribution ratio is .50 of a share of common stock of Discover Financial Services. The ex-date for the distribution will be Monday, July 2, 2007. Opening positions and start-of-day prices for July 2, 2007 will be based on final positions and settlement prices from Friday, June 29, 2007. This corporate action will be coordinated with the Options Clearing Corporation. For the full text of this advisory . . .