This document outlines the differences between brokerage and investment advisory services provided by Deutsche Bank Securities Inc. (DBSI). It explains the nature of services, client agreements, fiduciary duties, and fee structures for both types of services. It also highlights the regulatory obligations and potential conflicts of interest in brokerage services.
doj/DataSet10/EFTA01393072.pdf
{"title":"Understanding Your Brokerage and Investment Advisory Relationships with Deutsche Bank Securities Inc.","document_type":"correspondence","document_subtype":"informational document","key_organizations":["Deutsche Bank Securities Inc.","Securities and Exchange Commission"],"reference_numbers":["WM189778 015684.080218","DB-SDNY-0098447","SDNY_GM_00244631","EFTA01393072"]}