Checkmate: The Morgan Stanley Whistle Blower

I am ashamed of my former firm Morgan Stanley for representing to me, my former colleagues, and their clients a security known as the Kemper Lumbermens surplus notes as a bond instrument highly rated for investment-grade fixed-income clients when, in fact, it was not a bond but a surplus note--a totally alternate security.

As a former compliance comanager of seven EF Hutton offices in Florida and an NASD/FINRA industry arbitrator, I was the financial adviser at Morgan Stanley who would do my...