Defendant Name:
Deutsche Bank Trust Company Americas
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
Deutsche Bank AG
SIC Code:
6029
CUSIP:
D1819089
Document Reference:
33-10633
Document Details
Legal Case Name
In the Matter of Deutsche Bank Trust Company Americas
Document Name
Order Instituting Cease-and-Desist Proceedings, Pursuant to Section 8A of the Securities Act of 1933, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
Document Date
25-Apr-2019
Document Format
Administrative Proceeding
Allegation Type
Investment Advisers/Investment Companies
Document Summary
The SEC stated: "This matter involves DBTCA's material omissions, in light of other disclosures, in documents that described its process for the review and selection of hedge funds [...] included on its wealth management platform."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Monetary Penalties:
Civil Penalty
Individual:
$500,000.00
Shared:
