Deutsche Bank Securities (DBSI) is a banking institution firm based in New York, NY. The firm was founded in 1973 and operates as a broker-dealer and investment advisor with the Securities and Exchange Commission, a municipal advisor with the Municipal Securities Rulemaking Board. The firm is also a futures commission merchant with the Commodities Future Trading Commission and a member of the New York Stock Exchange and various other exchanges. It operates as a subsidiary of DB U.S. Financial Markets Holding Corporation which is a wholly-owned subsidiary of Deutsche Bank. The assets of the firm are managed by the board of directors.