| For immediate release |
|
The Federal Reserve Board today announced the issuance
of a combined Order to Cease and Desist and Order of Assessment
of a Civil Money Penalty against Mark E. Schindler, a former
officer of BT Securities Corporation, New York, a subsidiary of
Bankers Trust New York Corporation, New York.
Mr. Schindler, without admitting to any allegations, consented to the issuance of the order in connection with his alleged involvement in the marketing of leveraged derivative transactions to customers of Bankers Trust New York Corporation and its subsidiaries. Mr. Schindler paid a civil money penalty of $25,000. A copy of the order is attached. |
| Order (235 KB PDF) |