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NASDAQ IS, LLC LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2015048329303 TO:Nasdaq IS, LLC c/o Department of Enforcement Financial Industry Regulatory Authority (FINRA’RE:Morgan Stanley & Co. LLC,

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Nasdaq ISE LLC Co is a limited liability company that operates as an options exchange.

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The purpose of Nasdaq ISE LLC Co reports is to provide transparency and compliance with regulatory requirements.

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Information such as trading volumes, financial data, and other relevant statistics are typically reported on Nasdaq ISE LLC Co forms.

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