16-12-2016 19:30 via news.yahoo.com

Deutsche Bank to pay more than $40 million to settle dark pool cases

By Sarah N. Lynch WASHINGTON (Reuters) - A unit of Deutsche Bank AG conceded that it misled investors and violated securities laws and will pay more than $40 million (£32 million) to settle charges that it misinformed clients about how it routed orders to anonymous trading platforms known as dark pools, regulators said on Friday. The bank agreed to pay $37 million to settle charges from federal and New York state regulators, and an additional $3.25 million to the Financial Industry Regulat
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