Defendant Name: Deutsche Bank Securities, Inc.

Defendant Type: Subsidiary of Public Company
Public Company Parent: Deutsche Bank AG
SIC Code: 6029
CUSIP: D1819089

Initial Case Details

Legal Case Name In the Matter of Deutsche Bank Securities Inc.
First Document Date 20-Dec-2024
Initial Filing Format Administrative Action
File Number 3-22375
Allegation Type Broker Dealer

Violations Alleged

Other
• Section 17(a) Exchange Act; Rule 17a-8 Exchange Act

Resolutions

First Resolution Date 20-Dec-2024
Headline Total Penalty and Disgorgement

See Related Documents

Related Documents:

34-102011 20-Dec-2024 Administrative Proceeding
Order Instituting Administrative and Cease-and-desist Proceedings, Pursuant to Sections 15(b) and 21C of the Securities Exchange Act of 1934 and Section 203(e) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease-and-desist Order
On December 20, 2024, the SEC instituted settled administrative and cease-and-desist proceedings against Deutsche Bank Securities Inc., stating: "These proceedings arise out of DBSI’s failure to timely file certain suspicious activity reports (“SARs”) that were filed between April 2019 and March 2024 (the “Relevant Period”) as required by Section 17(a) of the Exchange Act and Rule 17a-8 thereunder."
2024-208 20-Dec-2024 Press Release--Administrative Proceeding
Deutsche Bank Subsidiary to Pay $4 Million for Untimely Filing Certain Suspicious Activity Reports
On December 20, 2024, the SEC stated that: "[It] charged registered broker-dealer Deutsche Bank Securities Inc., a subsidiary of Deutsche Bank AG, for failing to fi le certain Suspicious Activity Reports (SARs) in a timely manner. Deutsche Bank Securities has agreed to pay a $4 million civil penalty to settle the SEC’s charges."