This document explains the differences between brokerage and investment advisory services provided by Deutsche Bank Securities Inc. (DBSI). It outlines the fiduciary duties and obligations DBSI has when providing investment advisory services, as well as the regulatory requirements for brokerage services. The document also highlights the differences in fee structures and the potential conflicts of interest that may arise in brokerage services.
doj/DataSet10/EFTA01378945.pdf
{"title":"Understanding Your Brokerage and Investment Advisory Relationships with Deutsche Bank Securities Inc.","key_people":["Deutsche Bank Securities Inc."],"document_type":"correspondence","document_subtype":"informational document","key_organizations":["Deutsche Bank Securities Inc.","Securities and Exchange Commission"],"reference_numbers":["WM189'778 015684.080218","DB-SDNY-0076226","SDNY_GM_00222410","EFTA01378945"]}