Violation Tracker Individual Record

Deutsche Bank Securities, Inc.
Current Parent Company: 
Deutsche Bank
December 16, 2016
Offense Group: 
financial offenses
Primary Offense: 
investor protection violation
Violation Description: 

Deutsche Bank Securities agreed to pay a combined $37 million to the State of New York and the United States Securities and Exchange Commission to settle investigations into false statements and omissions made in connection with the marketing of its electronic equities order routing services, known as the Dark Pool Ranking Model. The SEC also announced the settlement; see the Violation Tracker entry at

Level of Government: 
Action Type: 
agency action
New York Attorney General
Civil or Criminal Case: 
Facility State: 
New York
HQ Country of Parent: 
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking & securities
Source of Data: 

A.G. Schneiderman Announces Deutsche Bank Will Pay $37 Million Penalty For Fraudulent Order Routing Practices - The Latest Case Stemming From A.G.'S Insider Trading 2.0 Initiative, State Capital Newsfeed, December 16, 2016 (via Nexis).

Source Notes: 
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Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.