(John Disney/Daily Report)

Morgan Stanley may finally be able to move on from a long running Securities and Exchange Commission investigation that has been hanging over its head. The company agreed to a proposed $275 million settlement on the condition it would not have to admit any wrongdoing, Reuters reported Wednesday.

The deal echoes similar ones reached between financial institutions and the SEC, including a $550 million settlement with Goldman Sachs in 2010 and a $269.9 million agreement with JP Morgan Chase in 2012, the Wall Street Journal reports.

The SEC was investigating Morgan Stanley for allegedly misleading investors on residential mortgage-backed securities that lost money soon after their issuance in 2007. In early February, Morgan Stanley agreed to pay $1.25 billion to the Federal Housing Finance Agency—the U.S. regulator for Fannie Mae and Freddie Mac—to settle a lawsuit concerning the sale of mortgage-backed securities.

The SEC investigation into Morgan Stanley is part of a broader examination of similar deals made by Wall Street banks in the lead-up to the 2007-2009 financial crisis, Reuters reports. So far the SEC has won penalties of more than $3 billion.

This latest deal is yet to be approved by the SEC, and even if it goes through it won’t be the end of Morgan Stanley’s problems. The company still faces litigation from several private parties and government entities related to pre-crisis mortgage bonds and derivatives.