SIE (Securities Industry Essentials) 2025 – 400 Free Practice Questions to Pass the Exam!

Question: 1 / 400

When can a BD give another firm's employees' gratuities?

When the value does not exceed $100

A BD can give other firm's employees' gratuities when the value does not exceed $100 because this amount is generally considered to be of nominal value and is unlikely to influence business decisions. Options B and D provide specific limitations on when gratuities can be given, making them incorrect. Option C, without any limitations, is also incorrect as there are guidelines in place to prevent the exchange of gifts or gratuities from influencing business decisions. Therefore, A is the correct answer as it provides a reasonable limit on the value of gratuities that a BD can give without it being considered potentially unethical.

Get further explanation with Examzify DeepDiveBeta

When the value does not exceed $50

Without any limitations

Only during official corporate events

Next Question

Report this question

Download SIE (Securities Industry Essentials) Practice Exam PDF Study Guide
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy