L1 Ethics $50 bonus question am

bbriscoe

New member
Joined
Jun 18, 2026
Messages
0
Reaction score
0
What about the loan officer who got $50 for referring clients to the Bank's Trust department? Did he have to disclose this?
 
The trick is that there were two scenarios involving disclosure, one too each client, and one to only those that were getting referrals or something.

I erred on the side of caution and went with the disclosure to all clients.
 
Back
Top