U.S. judge picks monitor for Deutsche Bank over regulator's choice

By Nate Raymond NEW YORK (Reuters) - A U.S. judge on Thursday approved a U.S. Commodity Futures Trading Commission deal with Deutsche Bank AG in which a monitor would be appointed to ensure the bank reports swaps data properly, but named someone other than the regulator's choice. U.S. District Judge William Pauley in Manhattan, who previously warned he had a duty to not simply "rubber stamp" settlement agreements, agreed the appointment of an independent monitor was warranted.