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Morgan Stanley faces 2 shareholder proposals

A Morgan Stanley shareholder is putting forward a proposal that would prohibit the vesting of equity-based awards for senior executives who left the company to enter government service.

Another shareholder proposed that all nonbinding matters that shareholders present be decided by a simple majority of the votes, unless shareholders approved higher thresholds, or certain laws and regulations mandate otherwise.

Morgan Stanley's board recommends that shareholders vote against the two proposals at the company's annual shareholder meeting scheduled for May 22.