Defendant Name:
Deutsche Bank Securities, Inc.
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
Deutsche Bank AG
SIC Code:
6029
CUSIP:
D1819089
Document Reference:
34-102011
Document Details
Legal Case Name
In the Matter of Deutsche Bank Securities Inc.
Document Name
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
Document Date
20-Dec-2024
Document Format
Administrative Proceeding
Allegation Type
Broker Dealer
Document Summary
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."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$4,000,000.00
Shared:
