SIE practice questionmediumReporting gifts and gratuities
Broker-dealers must report gifts and gratuities over what value per person per year, under FINRA rules?
- A$25
- B$50
- C$100✓ Correct answer
- D$250
Explanation
Why C — $100
FINRA limits gifts to $100 per person per year; exceeding this must be reported.
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