Morgan Stanley seeks approval to offer first U.S.-listed ETFs

By Trevor Hunnicutt and Olivia Oran NEW YORK (Reuters) - Morgan Stanley has asked securities regulators for the right to launch its first U.S.-listed exchange-traded funds, marking the latest example of a massive Wall Street investment manager courting investors' growing use of those funds. The company's asset management unit asked the U.S. Securities and Exchange Commission for permission to launch "passive" ETFs that would mimic market indexes as well as "actively managed" ETFs, which allow po