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Tokyo Stock Exchange Imposes Disciplinary Action Against Deutsche Securities Inc.

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Tokyo Stock Exchange, Inc. (hereinafter, "TSE") has taken disciplinary action (imposition of a JPY 60 million fine) against Deutsche Securities Inc. (hereinafter, the "Company") pursuant to the provisions of Rule 34, Paragraph 1 of the Trading Participant Regulations.
Additionally, TSE has requested the Company to submit a business improvement report pursuant to the provisions of Rule 19, Paragraph 1 of the same Regulations.

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