BC-8.12.15
A
(a) The goods and services do not constitute an inducement;
(b) The goods and services are reasonably expected to assist in the provision of regulated investment activities to the conventional bank licensee ’s customers ;
(c) The agreement is a written agreement for the supply of goods or services described in Rule BC-8.12.14, and these goods and services do not take the form of, or include, cash or any other direct financial benefit; and
(d) The conventional bank licensee makes adequate disclosures regarding the use of soft dollar agreements .
Added: April 2008