Series 7 - General Securities Representative Exam
At your health club, a personal trainer approaches you about a business arrangement. She said she would be willing to send you an investor referral in exchange for monetary compensation. Which of the following is acceptable by you?
You can pay the personal trainer for the referralA
You can pay the personal trainer; but only up to a maximum of $500B
You can only give $100 maximum for the referralC
You cannot do anything in this situation; as the other person is not registeredD
You cannot compensate for referrals. There is a gift limit of $100 per year, but not as compensation for a referral