Federally Related Institutions Daniel Guidotti 14 years ago Federally Related InstitutionsFederal government divisions that enjoy exemption from SEC registration. Their securities are supported by the U.S. government’s full faith and credit. The Tennessee Valley Authority is not included in this category.Recommended for you:Exempt SecuritiesBank of Montreal shuts down bitcoin-related business accounts in CanadaFull Faith-and-Credit ObligationsFederal Agency Securities