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I once had to fill out a regulatory form because a vendor wanted to send some bottles of wine to my coworkers and me, and instead of shipping every bottle separ
by totalZero 6y ago
I once had to fill out a regulatory form because a vendor wanted to send some bottles of wine to my coworkers and me, and instead of shipping every bottle separately he sent a case to our office in my name. FINRA has a rule that vendors cannot give gifts valued in excess of $100/year/person.
On the other hand, the Secretary of the Treasury can take $700k from Citadel to speak, and then weigh in at the cabinet level on current events involving a Citadel-backed hedge fund and a brokerage that sells its order flow to Citadel.
https://www.finra.org/rules-guidance/key-topics/gifts-gratuities-and-non-cash-compensation https://www.finra.org/rules-guidance/key-topics/gifts-gratui...