FINRA fines Deutsche Bank $2.5m for disclosure, supervisory failures

Conflicts of interest in research reports have potential to influence content of reports, including investment recommendations, ratings, etc.

Deutsche Bank AG’s US-based securities division has agreed to pay a $2.5m fine to the Financial Industry Regulatory Authority (FINRA) to settle charges that it violated several research report disclosure obligations pertaining to potential conflicts of interest. It is also said to have maintained an insufficient supervisory system.

Broker-dealers often

Free Trial

Register for free to keep reading.

To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.

  • Unlimited access to industry insights
  • Stay on top of key rules and regulatory changes with our Rules Navigator
  • Ad-free experience with no distractions
  • Regular podcasts from trusted external experts
  • Fresh compliance and regulatory content every day
Register for free Already a member? Sign in