This may feel like the time to be generous, but registered broker-dealers should be extra cautious when giving gifts.

FINRA, the self-regulatory agency for U.S. registered broker-dealers, prohibits executives at registered broker-dealers from giving gifts to any principal, officer or employee of another member organization, financial institution, news or financial information media, or non-member broker or dealer in securities, commodities or money market instruments of more than $100 in value.

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access