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Morgan Stanley

Close the acquisition of E*TRADE

Delivered by the deadline

AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.

Announced
20 Feb 2020
Due
31 Dec 2020
Delivered
2 Oct 2020
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“The acquisition is subject to customary closing conditions, including regulatory approvals and approval by E*TRADE shareholders, and is expected to close in the fourth quarter of 2020.”
  • SourceMorgan Stanley Form 8-K press release, 2020-02-20
  • FilingSEC filing index
  • Deadline as statedin the fourth quarter of 2020
  • Deadline used31 Dec 2020, the last day of the stated period
  • TypeTransaction
  • Permanent referenceKI-C-2020-MSPA-002256
    Cite as https://keptindex.org/c/KI-C-2020-MSPA-002256/ — this address never changes.

What we found

Evidence strength A What the grades mean

Morgan Stanley completed the acquisition of E*TRADE on October 2, 2020, which is within the fourth quarter of 2020 deadline.

  • A
    Morgan Stanley 10-K filed 2021-02-26 Regulatory filing · published 26 Feb 2021 · retrieved 1 Oct 2026 · kept permanently by the SEC · fingerprint 91b93391280f
    “On October 2, 2020, we completed the acquisition of E*TRADE.” ✓ confirmed on the page

Market reaction: the shares moved -0.8% against the S&P 500 over the three sessions around the disclosure (25 Feb 2021 to 2 Mar 2021). What this measures

Checked 1 Oct 2026.

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Acquisition close
Indicative materiality
High rules
Action
Close
Deliverable
acquisition of E*TRADE
Language
Expected (“expects”, “plans”)
In the company’s control
Medium
Specificity
High
Conditional
Yes: customary closing conditions; regulatory approvals; approval by E*TRADE shareholders
Depends on
Regulatory, Shareholder

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.

Confirmed. This outcome counts towards the company's Kept Score. How verification works

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Report an error in this entry Reference: KI-C-2020-MSPA-002256 · Corrections policy

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