,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #ijg  ,,in ,,the ,,house ,,of   
,,representatives  ,january #cj1        
#bjai,mr4 ,la,hood 7for himself and     
,mrs4 ,bustos7 introduced the following 
bill2 which was referred to the         
,committee on ,financial ,services  ,a  
,,bill  ,to clarify exclusions from the 
definition of a deposit broker4  #a4    
,definition of a deposit broker ,section
 #bi7;g77#b77;,i7 of the ,federal       
,deposit ,insurance ,act 7#ab ,u4,s4,c4 
#ahca;f7g77#b77;,i77 is amended to read 
as follows3  7,i7 an agent or nominee-- 
7i7 whose primary purpose is not the    
placement of funds with depository      
institutions2 or  7ii7 who is--  7,i7 an
 exclusive agent of-- 7aa7 an insurance 
company2 and  7bb7 an insured depository
 institution affiliated with such       
insurance company2 and  7,,ii7 is       
contractually prohibited by agreement   
with such depository institution from   
placing funds with any other            
unaffiliated depository institution and 

from acting as an agent of any other    
person with respect to any deposit or   
deposit account4  4