Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
Legal Document
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:42
Summary
This document describes the eligibility requirements and relationships involved in the IDP program. It outlines the roles of DBSI, Pershing, Program Banks, and DBTCA, as well as the process for depositing and withdrawing funds and the FDIC insurance coverage available.
Metadata
- Subject
- Eligibility and Summary of Certain Relationships for IDP
- Sender
- —
- Recipients
- —
- Document ID
- WTt179143 015105.011718
- Date
- —
Relationships 8
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Program Banks | Regulatory | FDIC | Deposits of Program Banks are insured by the FDIC. |
| DBSI | Regulatory | U.S. Securities and Exchange Commission | DBSI is registered with the U.S. Securities and Exchange Commission. |
| DBSI | Membership | Financial Industry Regulatory Authority | DBSI is a member of the Financial Industry Regulatory Authority. |
| DBSI | Membership | New York Stock Exchange | DBSI is a member of the New York Stock Exchange. |
| Pershing | Custodial | Program Banks | Pershing acts as exclusive custodian and agent with respect to all transactions related to the IDP. |
| DBSI | Business | Pershing | All questions regarding funds in each Deposit Account should be directed to DBSI and not the Program Banks. All transactions involving funds in each Deposit Account must be made through DBSI. |
| DBSI | Affiliate | DBTCA | DBTCA is a corporate affiliate of DBSI. |
| Pershing | Business | DBTCA | Pershing, acting as your agent, will deposit your funds into the Settlement Account at DBTCA, which will recommend for Pershing's approval an allocation of your deposits to any eligible Program Banks according to an order of priority established from time to time by DBTCA. |
Notable Quotes 2
All questions regarding your funds in each Deposit Account should be directed to DBSI and not the Program Banks.
The order of priority for the allocation of your deposits among eligible Program Banks established by DBTCA is designed to provide you with eligibility for up to $2.5 million of FDIC insurance coverage, but neither DBTCA nor Pershing can guarantee that such allocations will result in more than $2.5 million of FDIC insurance coverage for your deposits.
Financial Information
Amounts:$2.5 million
Assets:
- Deposit Accounts
- Cash balances
- Securities
Transactions:
- Deposits into Deposit Accounts
- Withdrawals from Deposit Accounts
- Funds transfers
- Securities sales
- Receipt of dividend or interest payments
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowLegal matters/litigationBusiness dealings
Organizations 10
IDPFDICDBSIU.S. Securities and Exchange CommissionFinancial Industry Regulatory AuthorityNew York Stock ExchangePershingDBTCAERISA PlanIRA
Locations 2
United StatesState
Financial Entities 3
Program BanksSettlement BankExcess Bank
Text Analysis
- Tone
- Informative
- Purpose
- To provide information about the eligibility requirements and relationships involved in the IDP program.
- Significance
- This document outlines the roles and responsibilities of various entities involved in the IDP program, including DBSI, Pershing, Program Banks, and DBTCA. It also describes the process for depositing and withdrawing funds, as well as the FDIC insurance coverage available to participants.
File Info
- File Name
- EFTA01377855.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:42:20.096168
- DOJ Source
- View on DOJ