Morgan Stanley Golf Tournament Canceled

03/28/2009 05:12 am ET | Updated May 25, 2011

NEW YORK, Feb 25 (Reuters) - Morgan Stanley (MS.N), citing a tougher market and political environment, said on Wednesday it will not entertain clients and executives as part of a professional golf tournament it is sponsoring in June.

"We've canceled our participation in the event due to the environment," a spokeswoman said, though she declined further comment.

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