---
kind: "unit"
title: "12"
title_heading: "Banks and Banking"
key: "chII/subchA/part218"
level: "part"
label: "Part 218"
heading: "Exceptions for Banks from the Definition of Broker in the Securities Exchange Act of 1934 (regulation R)"
release: "ecfr-current"
date: "2026-08-27"
url: "https://uscodex.org/cfr/12/chII-subchA-part218"
sections_count: 15
---

# Part 218 — Exceptions for Banks from the Definition of Broker in the Securities Exchange Act of 1934 (regulation R)

Title 12 C.F.R. — Banks and Banking › Chapter II — Federal Reserve System › Subchapter A — Board of Governors of the Federal Reserve System

## Sections

- [§218.100. Definition.](/cfr/12/218.100.md)
- [§218.700. Defined terms relating to the networking exception from the definition of “broker.”](/cfr/12/218.700.md)
- [§218.701. Exemption from the definition of “broker” for certain institutional referrals.](/cfr/12/218.701.md)
- [§218.721. Defined terms relating to the trust and fiduciary activities exception from the definition of “broker.”](/cfr/12/218.721.md)
- [§218.722. Exemption allowing banks to calculate trust and fiduciary compensation on a bank-wide basis.](/cfr/12/218.722.md)
- [§218.723. Exemptions for special accounts, transferred accounts, foreign branches and a de minimis number of accounts.](/cfr/12/218.723.md)
- [§218.740. Defined terms relating to the sweep accounts exception from the definition of “broker.”](/cfr/12/218.740.md)
- [§218.741. Exemption for banks effecting transactions in money market funds.](/cfr/12/218.741.md)
- [§218.760. Exemption from definition of “broker” for banks accepting orders to effect transactions in securities from or on behalf of custody accounts.](/cfr/12/218.760.md)
- [§218.771. Exemption from the definition of “broker” for banks effecting transactions in securities issued pursuant to Regulation S.](/cfr/12/218.771.md)
- [§218.772. Exemption from the definition of “broker” for banks engaging in securities lending transactions.](/cfr/12/218.772.md)
- [§218.775. Exemption from the definition of “broker” for banks effecting certain excepted or exempted transactions in investment company securities.](/cfr/12/218.775.md)
- [§218.776. Exemption from the definition of “broker” for banks effecting certain excepted or exempted transactions in a company's securities for its employee benefit plans.](/cfr/12/218.776.md)
- [§218.780. Exemption for banks from liability under section 29 of the Securities Exchange Act of 1934.](/cfr/12/218.780.md)
- [§218.781. Exemption from the definition of “broker” for banks for a limited period of time.](/cfr/12/218.781.md)