Deutsche Bank To Pay More Than $37 Million To Settle Dark Pool Cases

A unit of Deutsche Bank AG will pay more than $37 million to settle charges that the bank misled 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 with federal and New York state regulators, and an additional $3.25 million to Financial Industry Regulatory Authority (FINRA), Wall Street's self-funded regulator. In set...