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MORGAN STANLEY & CO

MORGAN STANLEY & CO. LLC. CONSOLIDATED STATEMENT OF financial CONDITION. AS OF DECEMBER 31, 2019. AND. REPORT OF INDEPENDENT REGISTERED. PUBLIC ACCOUNTING FIRM. **. REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM. To the Board of Directors and Sole Member of MORGAN STANLEY & Co. LLC. Opinion on the financial Statements We have audited the accompanying consolidated statement of financial condition of MORGAN STANLEY & Co. LLC and subsidiaries (the "Company") as of December 31, 2019, and the related notes (collectively referred to as the " financial statement"). In our opinion, the financial statement presents fairly, in all material respects, the financial position of the Company as of December 31, 2019, in conformity with accounting principles generally accepted in the United States of America. Basis for Opinion The financial statement is the responsibility of the Company's management. Our responsibility is to express an opinion on this financial statement based on our audit.

Opinion on the Financial Statement. We have audited the accompanying consolidated statement of financial condition of Morgan Stanley & Co. LLC and subsidiaries (the "Company") as of December 31, 2021 , and the related notes (collectively referred to as the "financial statement"). In our opinion, the financial statement presents fairly, in all

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  Conditions, Testament, Financial, Morgan stanley, Morgan, Stanley, Financial statements, Audited, Statement of financial condition, Morgan stanley amp co

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