DBSI reached a settlement agreement with the SEC, the National Association of Securities Dealers, the New York Stock Exchange, the New York Attorney General, and other state regulators regarding research analyst independence. DBSI agreed to pay $87.5 million. Additionally, on June 3, 2009, DBSI settled proceedings related to auction rate securities, agreeing to buy back ARS from certain customers and compensate those who sold below par value.
doj/DataSet10/EFTA01383185.pdf
{"document_date":"2004-08-26","document_type":"legal","document_subtype":"settlement agreement","key_organizations":["DBSI","SEC","National Association of Securities Dealers","New York Stock Exchange","New York Attorney General","New Jersey Department of Securities"],"reference_numbers":["DB-SDNY-0082852","SDNY_GM_00229036","EFTA01383185"]}