is there a defined dollar amount that constitutes a large gift that requires disclosure?
doesnt seem to be mention in CFAI.
for me there are levels of disclosure.
I Gift of tickets from client = no disclosure required
II Gift of hotel stay from client = disclosure required
III Gift from non client = always requires disclosure
IV Significant gift from non client = disclosure and permission?
V Gift dependent on returns shown = disclosure and permission from supervisor.
Can someone please verify this? or provide further info?作者: Sportsman 时间: 2011-7-11 19:47
none of that looks right作者: xilige 时间: 2011-7-11 19:47
there is no longer a dollar threashold, there used to be one though作者: bbtomato 时间: 2011-7-11 19:47
> I Gift of tickets from client = no disclosure
> required
Depends whether it will affect objectivity. Whether ticket is lavish. (Ticket for a bus trip might not require disclosure, but if its a not-for-sale bus ticket to the only bus ride within a 100 mile radius in the desert and the condition for this bus ride requires an assurance of a favorable report.. then... hmmm actually.. I'm not sure if you can accept it without violating CFA rules...but then, since it is the onllyyy means of transportation to survive... anyway.. ha)
> II Gift of hotel stay from client = disclosure
> required
Depends again on whether it'll possibly affect objectivity. And if it is the only hotel within the area. And if it is, pay for the hotel expense yourself.
> III Gift from non client = always requires
> disclosure
Depends. As gifts from non-client is always more of a no-no than from an existing client.
> IV Significant gift from non client = disclosure
> and permission?
If it can affect your objectivity, can't accept even with permission/disclosure
> V Gift dependent on returns shown = disclosure and
> permission from supervisor.
Can't accept b/c that may result in unfair treatment to other clients etc. etc.
>
> Can someone please verify this? or provide further
> info?
