NEW YORK (Standard&Poor's) Feb. 27, 2014--Standard&Poor's Ratings Services has removed its 'AAA/A-1', 'AAA', and 'AAA' ratings on Deutsche Bank Securities Inc. Receipts' series DBE-1177 short puttable exempt adjustable receipts (SPEARs), long inverse floating exempt receipts (LIFERs), and custodial receipts, respectively, relating to Metropolitan Transportation Authority, N.Y.'s series 2013C transportation revenue bonds, from CreditWatch, where they were placed with developing implications on Dec. 26, 2013. At the same time, Standard&Poor's affirmed the ratings. These actions follow Standard&Poor's Feb. 18, 2014, removal of its rating on the underlying bonds from CreditWatch with developing implications. (See, "Metropolitan Transportation Authority, NY Transportation Revenue Bond Rating Raised To 'A+' On New Criteria Application", published Feb. 18, 2014,
