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 eligibility requirements and relationships between entities involved in the Insured Deposit Program (IDP). It outlines the roles of Pershing, DBSI, Program Banks, and DBTCA in managing and insuring deposits, and explains how funds are allocated to maximize FDIC insurance coverage.
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 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 | 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. |
| DBTCA | affiliate | DBSI | 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. |
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
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowLegal matters/litigationBusiness dealings
Organizations 9
FDICDBSIU.S. Securities and Exchange CommissionFinancial Industry Regulatory AuthorityNew York Stock ExchangePershingProgram BanksDBTCAExcess Bank
Locations 1
United States
Financial Entities 3
Program BanksSettlement BankDBTCA
Text Analysis
- Tone
- Informative
- Purpose
- To provide information about the eligibility and relationships involved in the IDP (Insured Deposit Program).
- Significance
- This document outlines the roles and responsibilities of various entities involved in the IDP, including the FDIC, DBSI, Pershing, Program Banks, and DBTCA. It also explains how deposits are handled and insured.
File Info
- File Name
- EFTA01393085.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:43:21.977013
- DOJ Source
- View on DOJ