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: Securities Law Prof Blog

FINRA Fines Deutsche Bank Securities $7.5 Million for Negligent Misrepresentations about Subprime Securities

By Securites Lawprof

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FINRA fined Deutsche Bank Securities Inc. $7.5 million for negligently misrepresenting delinquency data in connection with the issuance of subprime securities. FINRA found that Deutsche Bank Securities negligently misrepresented and underreported the percentages of mortgages that were delinquent in the...

Full post as published by Securities Law Prof Blog on July 21, 2010 (boomark / email).

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