August 31, 2016 7:40 PM ET

Capital Markets

Company Overview of Deutsche Bank Securities Inc.

Company Overview

Deutsche Bank Securities Inc. is an investment bank that provides security brokerage services. Deutsche Bank Securities Inc. was formerly known as Deutsche Banc Alex. Brown Inc. The company was founded in 1973 and is based in New York, New York. Deutsche Bank Securities Inc. operates as a subsidiary of DB U.S. Financial Markets Holding Corporation.

60 Wall Street

4th Floor

New York, NY 10005

United States

Founded in 1973

Key Executives for Deutsche Bank Securities Inc.

Global Head of Mergers and Aquisitions
Managing Director
Managing Director
Managing Director
Director - Telecom Group
Compensation as of Fiscal Year 2016.

Deutsche Bank Securities Inc. Key Developments

Deutsche Bank Securities Inc. Presents at Sydney Financial Information and Technology Summit, Aug-17-2016 01:30 PM

Deutsche Bank Securities Inc. Presents at Sydney Financial Information and Technology Summit, Aug-17-2016 01:30 PM. Venue: Westin Hotel, Sydney, Australia. Speakers: Eugene Budovsky, Head of Australian Equities Electronic Trading.

Consolidated Tomoka Concludes Strategic Review Process

Consolidated Tomoka Land Co. (AMEX:CTO) concluded its strategic review process. Tomoka said that the special committee of its independent directors, which was formed to evaluate strategic alternatives for the company to enhance shareholder value (the "Strategic Review"), concluded its evaluation and the company's Board of Directors has accepted the committee's conclusions and recommendations. Deutsche Bank Securities Inc. acted as financial advisor to the special committee in connection with the strategic review and Pillsbury Winthrop Shaw Pittman, LLP acted as legal counsel to the special committee, the board and the company.

The Financial Industry Regulatory Authority Fines Deutsche Bank Securities Inc. with $6 Million for Submitting Inaccurate and Late Blue Sheet Data

The Financial Industry Regulatory Authority (FINRA) fined Deutsche Bank Securities Inc. with $6 million for failing to provide complete and accurate trade data in an automated format in a timely manner when requested by FINRA and the Securities and Exchange Commission (SEC). As part of the settlement, Deutsche Bank has agreed to retain an independent consultant to improve its policies, systems and procedures related to blue sheet submissions. FINRA found that from at least 2008 through at least 2015, Deutsche Bank experienced significant failures with its blue sheet systems used to compile and produce blue sheet data, including programming errors in system logic and the firm’s failure to implement enhancements to meet regulatory reporting requirements. These failures caused the firm to submit thousands of blue sheets to regulators that misreported or omitted critical information on over 1 million trades. Additionally, FINRA found a significant number of Deutsche Bank’s blue sheet submissions did not meet regulatory deadlines. Firms typically have 10 business days to respond to a blue sheet request. Between January 2014 and August 2015, approximately 40% of Deutsche Bank’s blue sheets were filed past the regulatory deadline; and likewise, from July to August 2015, more than 90% of Deutsche Bank’s blue sheets were not submitted to FINRA on a timely basis. In settling this matter, Deutsche Bank neither admitted nor denied the charges, but consented to the entry of FINRA’s findings.

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