According to Additional compensation or benefits (CFA Standard IV.B)
Can you easily distinguish between hospitality which can be accepted in good conscience and that which is very questionable?
Answer-
Yes one can distinguish between hospitality which can be accepted in good conscience and that which is very questionable.
Additional compensation or benefits Standard IV.B obliges members not to accept gifts, additional compensation or consideration that competes with the interests of an employer.
It requires members to obtain written permission prior to accepting gifts or additional compensation by third-parties
Clients may offer a bonus contingent upon stated return on investment beyond investment professional’s salary or employer-based bonus program.
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