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Deutsche Bank to Repay Misled CMBS Clients

February 16, 2018 by Eugene Grygo

Deutsche Bank to Repay Misled CMBS Clients

Deutsche Bank Securities Inc. (DBSI) will be repaying “more than $3.7 million to customers,” including $1.48 million in disgorgements as part of a settlement with the SEC, which is alleging that the Deutsche Bank subsidiary misled customers about the pricing of commercial mortgage-backed securities (CMBSes) from March 2011 to August 2015. DBSI, which once operated… Read More >>

Filed Under: Derivatives Operations, Derivatives Processing, Operational Risk, Risk Management, General Interest, Governance, Diversity, Equity, and Inclusion (DEI), AML/Fraud/Financial Crime, Regulation & Compliance, Derivatives, Regulatory Compliance, Regulatory Reporting, Social Media, Industry News Tagged With: CMBS Clients, Deutsche Banc Alex. Brown Inc, Deutsche Bank Securities, SEC, settlement, supervisory failures

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