Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
other
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This document describes the eligibility requirements and relationships between various entities involved in the Insured Deposit Program (IDP). It details how funds are deposited, transferred, and insured through the FDIC, DBSI, Pershing, DBTCA, and Program Banks.
Metadata
- Subject
- Eligibility and Summary of Certain Relationships
- Sender
- —
- Recipients
- —
- Document ID
- WM179143 015105.011718
- Date
- —
Relationships 8
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Program Banks | insurance | FDIC | Deposits of Program Banks are insured by the FDIC. |
| DBSI | registration | U.S. Securities and Exchange Commission | DBSI is a broker-dealer 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 | custodian and agent | Program Banks | Pershing acts as exclusive custodian and agent with respect to all transactions related to the IDP. |
| DBSI | funds transfer | Pershing | DBSI assumes the responsibility and the risk of loss for any funds transfers of yours that have theretofore been delivered by you to Pershing until such time as the funds have been received In an account (the 'Settlement Account') maintained by Pershing at a designated bank (the 'Settlement Bank,' which shall be DBTCA, unless another bank is designated by DBSI) for the purpose of transmitting funds from the Program Banks through the Settlement Bank to Pershing, and from Pershing through the Settlement Bank to the accounts at the Program Banks. |
| DBTCA | affiliate | DBSI | DBTCA is a corporate affiliate of DBSI. |
| Pershing | agent | 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.
It is your responsibility to monitor your IDP deposits and any other deposits you have with each Program Bank in order for you to determine the extent of insurance coverage available to you.
Financial Information
Amounts:2.5 million
Assets:
- Deposit Accounts
- Cash balances resulting from securities sales
- Cash balances resulting from non-trade-related credits
Transactions:
- Deposits into Deposit Accounts
- Withdrawals from Deposit Accounts
- Funds transfers between Pershing, DBTCA, and Program Banks
Raw Analysis JSON
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Themes
Financial transactions/money flowLegal matters/litigation
Organizations 7
FDICDBSIU.S. Securities and Exchange CommissionFinancial Industry Regulatory AuthorityNew York Stock ExchangePershingDBTCA
Locations 1
United States
Financial Entities 2
Program BanksExcess Bank
Text Analysis
- Tone
- Informative
- Purpose
- To explain the eligibility requirements and relationships involved in the IDP (Insured Deposit Program).
- Significance
- This document outlines the structure and responsibilities of various entities involved in the IDP, including the FDIC, DBSI, Pershing, DBTCA, and Program Banks. It also details how deposits are handled and insured.
File Info
- File Name
- EFTA01378934.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:56.231116
- DOJ Source
- View on DOJ