Deutsche Bank received a fine from FINRA

FINRA fined Deutsche Bank Securities $2 million. This decision was taken in connection with rule 5310. This rule assumes that the company must provide the most profitable solution available to the client. But it was revealed that Deutsche Bank violated the best execution rules. The bank routed the orders of its users through SuperX, which caused a delay. Due to the delay of the order, users received lower filling rates. FINRA conducted an investigation of the reporting and found many such violations. The brokerage industry regulator said that the company did not take into account all the factors to comply with the rule.

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