Violation Tracker Individual Record
Company:
Deutsche Bank Securities Inc.
Current Parent Company:
Deutsche Bank
Penalty:
$7,800,000
Year:
2010
Date:
January 14, 2010
Offense Group:
financial offenses
Primary Offense:
investor protection violation
Violation Description:
Deutsche Bank Securities, Inc. agreed to buy back $7.8 million in auction rate securities (ARS) from North Carolina investors.
Level of Government:
state
Action Type:
agency action
Agency:
North Carolina Division of Securities
Civil or Criminal Case:
civil
Facility State:
North Carolina
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.
