easy · CFA Level I ethics
Sable Payments offers an analyst a 50 gift card to a local coffee shop as a thank-you for visiting their office. The analyst's firm policy has a $100 limit on gifts. According to Standard I(B), the analyst:
- May accept the gift only if it is disclosed to all clients.
- May accept the gift as it is modest and within firm policy.
- Must refuse the gift because all gifts from issuers are prohibited.
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