Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
other
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:43
Summary
This document describes the available cash sweep options offered by DBSI, including the Insured Deposit Program (IDP), the Deutsche Bank AG New York Branch Sweep Deposit Program, and Money Market Sweep Funds. It details the risks, benefits, and fees associated with each option, emphasizing FDIC insurance limits and potential conflicts of interest.
Metadata
- Subject
- Available Cash Sweep Options and Related Differences
- Sender
- —
- Recipients
- —
- Document ID
- INIA179143 015105.011.718
- Date
- —
Relationships 3
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| DBSI | business | Pershing LLC | Pershing LLC is DBSI's clearing broker. |
| DBSI | business | Deutsche Bank Trust Company Americas | DBTCA is an affiliate of DBSI. |
| DBSI | business | Deutsche Bank AG New York Branch | The Branch is an affiliate of DBSI. |
Notable Quotes 3
The IDP will automatically sweep your available cash balances from your 0851 brokerage account into interest-bearing money market deposit accounts at the Program Banks.
The DB AG NY Sweep Program deposits are NOT eligible for insurance by the FDIC, and are NOT protected by the SIPC or any governmental agency of the United States, the Federal Republic of Germany or any other jurisdiction.
DBSI may choose to make available Cash Sweep Options that are more profitable to DBSI and its affiliates than other money market mutual funds or bank deposit accounts.
Red Flags 1
- DBSI may choose Cash Sweep Options that are more profitable to DBSI and its affiliates.
Financial Information
Amounts:$250,000$500,000$2.5 million40 basis points (0.40%)125 basis points (1.25%)$1.00
Assets:
- money market deposit accounts
- money market funds
- high quality, short-term securities
Transactions:
- sweeping available cash balances into interest-bearing money market deposit accounts
- buying and redeeming shares through brokerage account
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealings
Organizations 13
DBSIInsured Deposit ProgramIDPFDICSecurities Investor Protection CorporationSIPCDB AG NY Sweep ProgramDeutsche Bank AG New York BranchDeutsche Bank AGPershing LLCDeutsche Bank Trust Company AmericasDBTCAMoney Market Sweep Funds
Locations 4
New YorkGermanyUnited StatesFederal Republic of Germany
Financial Entities 2
Deutsche Bank AG New York BranchDeutsche Bank AG
Text Analysis
- Tone
- Informative
- Purpose
- To inform about available cash sweep options and their related differences.
- Significance
- This document outlines the different cash sweep options available through DBSI, including the IDP, DB AG NY Sweep Program, and Money Market Sweep Funds, highlighting the risks and benefits of each.
File Info
- File Name
- EFTA01378932.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:43:32.924756
- DOJ Source
- View on DOJ