Violation Tracker Individual Record

Company: 
Deutsche Bank Securities
Current Parent Company: 
Deutsche Bank
Penalty: 
$3,000,000
Year: 
2014
Date: 
December 22, 2014
Primary Offense: 
accounting fraud or deficiencies
Violation Description: 

The U.S. Commodity Futures Trading Commission settled charges against Deutsche Bank Securities Inc. for failing to properly invest customer segregated funds, failing to prepare and file accurate financial reports, failing to maintain required books and records, and for related supervisory failures.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Commodity Futures Trading Commission
Civil or Criminal Case: 
civil
HQ Country of Parent: 
Germany
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking & securities
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.