Trust Tool – Regulation R: Exceptions For Banks From The Definition Of Broker Reference Guide
Updated 07/23/2026
This tool is designed to provide key reference information related to Regulation R. Banks seeking to rely on a Regulation R exception or exemption from the definition of “broker” should carefully review and understand the specific requirements, limitations, and conditions applicable to the relevant exception or exemption. The bank should evaluate its business model, products, services, and related activities to determine the appropriate application of any available exceptions. This document is not a substitute for official guidance, or legal advice concerning securities laws and regulations.
Rule: Securities and Exchange Commission (SEC) 17 CFR Part 247; Federal Reserve System 12 CFR Part 218, Federal Deposit Insurance Corporation (FDIC) Trust Examination Manual, Section 10 – Other Trust Matters; State laws may apply.
Toolkit: Trust
Keywords: Trust Account, Regulation R, Regulation R: Exceptions For Banks From The Definition Of Broker; Regulation R Reference Guide
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