Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
other
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:42
Summary
This document outlines the fee structures and benefits associated with various sweep programs, including the DB AG NY Sweep Program, Money Market Sweep Funds, and the Insured Deposit Program (IDP). It details the financial relationships between DBSI, Pershing, DBTCA, and other entities, as well as the FDIC insurance coverage for deposits in the IDP.
Metadata
- Subject
- Benefits Relating to the DB AG NY Sweep Program, The Insured Deposit Program
- Sender
- —
- Recipients
- —
- Document ID
- WM179143 016105.011718, DB-SDNY-0076214, SDNY_GM_00222398
- Date
- —
Relationships 3
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| DBSI | business | Pershing | Pershing receives fees from DBSI for services related to the DB AG NY Sweep Program. |
| DBTCA | business | DB AG NY Sweep Program | DBTCA receives fees for services provided in connection with the DB AG NY Sweep Program. |
| DBSI | business | Money Market Sweep Funds | DBSI and its affiliates may receive distribution fees, investment management fees, service fees and other compensation from the Money Market Sweep Funds. |
Notable Quotes 2
The fees that DBSI receives in connection with the IDP will usually be higher than the distribution fees, service fees and other compensation that DBSI may receive in connection with sweeps to Money Market Sweep Funds that serve as alternative Cash Sweep Options.
To the extent that OBTCA is used as a Program Bank and/or an Excess Bank, the IDP is expected to increase the deposits of DBTCA and, accordingly, the overall profits of DBTCA.
Financial Information
Amounts:125 basis points (1.25%)4 basis points (0.04%)10 basis points (0.10%)$2.5 million
Transactions:
- Fees retained by 0851 and Pershing
- Fees that DBSI receives in connection with the IDP
- Fees DBTCA receives from the Branch
- Fees Pershing receives from 08SI
- Distribution fees, investment management fees, service fees and other compensation from the Money Market Sweep Funds
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealingsLegal matters/litigation
Organizations 8
0851PershingDBSIDBTCAOBTCADB AG NY Sweep ProgramMoney Market Sweep FundsFDIC
Locations 1
NY
Financial Entities 2
Program BankExcess Bank
Text Analysis
- Tone
- Informative
- Purpose
- To describe the fee structure and benefits associated with various sweep programs, including the DB AG NY Sweep Program, Money Market Sweep Funds, and the Insured Deposit Program (IDP).
- Significance
- The document details the financial relationships and compensation structures between various entities involved in sweep programs, including DBSI, Pershing, DBTCA, and the DB AG NY Sweep Program. It also outlines the FDIC insurance coverage for deposits in the IDP.
File Info
- File Name
- EFTA01378933.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:42:31.099035
- DOJ Source
- View on DOJ