Series 14: 5.2.2.2. Nonregistered Foreign Finders

5.2.2.2. Nonregistered Foreign Finders

A member may pay compensation to a nonregistered foreign finder based on the business the finder directs to the member if the following conditions are met:

•The member is assured that the finder is not required to register as a broker-dealer in the United States, nor is subject to a disqualification.

•The finder is a foreign national (not a U.S. citizen) or foreign entity domiciled