The U.S. Securities and Exchange Commission (SEC) has charged Deutsche Bank Securities Inc. for failing to file certain Suspicious Activity Reports (SARs) in a timely manner. As a result, the firm has agreed to pay $4 million to settle the allegations. The SEC noted that Deutsche Bank's delays in reporting suspicious transactions involved amounts totaling in the millions. This action follows a recent case involving Bank of America, which also faced scrutiny for untimely SAR filings related to individuals including Leon Black and Jeffrey Epstein.