{"abstract":"The FDIC is identifying an additional business relationship, or \"designated exception,\" that meets the \"primary purpose\" exception to the deposit broker definition. The business relationship relates to specific, non-discretionary custodial services offered by third parties to depositors or depositors' agents. Entities that meet the criteria detailed below will be permitted to rely upon the primary purpose exception without submitting a notice or application.","action":"Notification of additional designated business relationship that meets the primary purpose exception.","agencies":[{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2022/01/10/2021-28540.html","cfr_references":[{"chapter":null,"citation_url":null,"part":"337","title":12}],"citation":"87 FR 1065","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective date: January 10, 2022.","disposition_notes":null,"docket_ids":[],"dockets":[],"document_number":"2021-28540","effective_on":"2022-01-10","end_page":1066,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2022/01/10/2021-28540.xml","html_url":"https://www.federalregister.gov/documents/2022/01/10/2021-28540/unsafe-and-unsound-banking-practices-brokered-deposits","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2021-28540?publication_date=2022-01-10","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2022-01-10/2021-28540/mods.xml","not_received_for_publication":null,"page_length":2,"page_views":{"count":4248,"last_updated":"2026-09-21 20:15:12 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2022-01-10/pdf/2021-28540.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2021-28540.pdf?1641563123","publication_date":"2022-01-10","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2022/01/10/2021-28540.txt","regulation_id_number_info":{"3064-ZA30":null},"regulation_id_numbers":["3064-ZA30"],"regulations_dot_gov_info":{"comments_count":0,"agency_id":"FDIC","document_id":"FDIC-2022-0001-0001","checked_regulationsdotgov_at":"2022-01-11T04:30:10Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":1065,"subtype":null,"title":"Unsafe and Unsound Banking Practices: Brokered Deposits","toc_doc":"Brokered Deposits","toc_subject":"Unsafe and Unsound Banking Practices:\n","topics":[],"type":"Rule","volume":87}