
The New York Attorney General announced a $208 million settlement -- $102 million in restitution, $20 million in penalties and $86 million in fee reductions -- with Deutsche Bank to resolve allegations of unlawful trading of mutual funds through market timing. Part of the settlement was negotiated together with the SEC, which issued its own announcement; at https://ag.ny.gov/press-release/state-resolves-trading-issues-deutsche-bank For more info visit https://web.archive.org/web/20101111164714/http://www.ag.ny.gov/media_center/2006/dec/dec21b_06.html