Results of Operations and Financial Condition

On April 19, 2017, Morgan Stanley (the “Registrant”)
released financial information with respect to its quarter
ended March 31, 2017. A copy of the press release
containing this information is annexed as Exhibit 99.1 to
this Report and by this reference incorporated herein and
made a part hereof. In addition, a copy of the
Registrant’s Financial Data Supplement for its quarter
ended March 31, 2017 is annexed as Exhibit 99.2 to this
Report and by this reference incorporated herein and made a
part hereof.

The information furnished under Item 2.02 of this Report,
including Exhibit 99.1 and Exhibit 99.2, shall be deemed to
be “filed” for purposes of the Securities Exchange Act of
1934, as amended.