DBSI reached a settlement agreement with the SEC, NASD, NYSE, and the New York Attorney General, along with 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.
documents/vol00010-efta01355597-pdf.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-0040819","SDNY_GM_00187003","EFTA01355597"]}