Certified
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TAW-82034  /  DB Hedgeworks, LLC (Santa Ana, CA)

Petitioner Type: State
Impact Date: 10/02/2011
Filed Date: 10/03/2012
Most Recent Update: 11/15/2012
Determination Date: 11/15/2012
Expiration Date: 11/15/2014

DEPARTMENT OF LABOR

Employment and Training Administration

TA-W-82,034

DB HEDGEWORKS, LLC
A SUBSIDIARY OF DEUTSCHE BANK, AG
INCLUDING ON-SITE LEASED WORKERS FROM ADVANTAGE PROFESSIONAL
SANTA ANA, CALIFORNIA

Certification Regarding Eligibility
To Apply for Worker Adjustment Assistance

In accordance with Section 223 of the Trade Act of 1974,
as amended ("Act"), 19 U.S.C. § 2273, the Department of Labor
herein presents the results of an investigation regarding
certification of eligibility to apply for worker adjustment
assistance.
The group eligibility requirements for workers of a firm
under Section 222(a) of the Act, 19 U.S.C. § 2272(a), are
satisfied if the following criteria are met:
(1) a significant number or proportion of the
workers in such workers' firm have become totally or
partially separated, or are threatened to become
totally or partially separated;
(2)(B)(i)(I) there has been a shift by the workers'
firm to a foreign country in the production of
articles or supply of services like or directly
competitive with those produced/supplied by the
workers' firm; OR
(II) there has been an acquisition from a
foreign country by the workers' firm of
articles/services that are like or directly
competitive with those produced/supplied by
the workers' firm; AND
(ii) the shift/acquisition must have
contributed importantly to the workers'
separation or threat of separation.

The investigation was initiated in response to a petition
filed on October 3, 2012 on behalf of workers of DB
Hedgeworks, LLC, a subsidiary of Deutsche Bank, AG, Santa Ana,
California. The worker group is engaged in activities related
to the supply of financial services such as book keeping and
back office services to hedge funds and alternative funds.
The worker group includes on-site leased workers from
Advantage Professional.
During the course of the investigation, information was
collected from the workers' firm.
Section 222(a)(1) has been met because a significant
number or proportion of the workers in such workers' firm have
become totally or partially separated, or are threatened to
become totally or partially separated.
Section 222(a)(2)(B) has been met because the workers'
firm has shifted to a foreign country the supply of financial
services like or directly competitive with the service
supplied by the workers which contributed importantly to
worker group separations at DB Hedgeworks, LLC, a subsidiary
of Deutsche Bank, AG, Santa Ana, California.



Conclusion
After careful review of the facts obtained in the
investigation, I determine that workers of DB Hedgeworks, LLC,
a subsidiary of Deutsche Bank, AG, Santa Ana, California, who
are engaged in activities related to the supply of financial
services meet the worker group certification criteria under
Section 222(a) of the Act, 19 U.S.C. § 2272(a). In accordance
with Section 223 of the Act, 19 U.S.C. § 2273, I make the
following certification:
"All workers of DB Hedgeworks, LLC, a subsidiary of
Deutsche Bank, AG, including on-site leased workers from
Advantage Professional, Santa Ana, California, who became
totally or partially separated from employment on or
after October 2, 2011, through two years from the date of
certification, and all workers in the group threatened
with total or partial separation from employment on date
of certification through two years from the date of
certification, are eligible to apply for adjustment
assistance under Chapter 2 of Title II of the Trade Act
of 1974, as amended."
Signed in Washington, D.C., this 15th day of November, 2012

/s/Michael W. Jaffe
___________________________
MICHAEL W. JAFFE
Certifying Officer, Office of
Trade Adjustment Assistance