Non-cash Compensation
No member firm or associated person is permitted to accept or make payments of any non-cash compensation except under these circumstances:
- • gifts do not exceed an amount per person per year fixed by FINRA (currently $100)
- • gratuities such as meals or theater tickets are not so frequent or expensive as to raise issues of impropriety
- • payments or reimbursements for attending training or educational events have the prior approval of the member firm, the loca