E*TRADE from Morgan Stanley
8. Maintenance of Collateral
Broad Security Interest in All Assets
In plain English: They can claim your assets across all your accounts as collateral, even joint accounts or accounts with other people where you have some authority.
“you grant Morgan Stanley a first-priority lien on, continuing security interest in, and right of setoff to (a) all Collateral that is held, carried, or maintained now or in the future for any purpose in or through any of your accounts, whether owned individually, jointly, or in the name of another p...”
VERIFIED
This is an exact, word-for-word quote from E*TRADE from Morgan Stanley's Terms of Service.
Verified on May 1, 2026.
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