Investor Protection Principles
Tribal Capital Markets, LLC has adopted the following principles to eliminate the potential conflicts of interest that may arise out of a relationship between our Investment Banking and Research Departments. They are as follows:
There is no direct link between compensation for analysts and investment banking.
TCM Analysts are not compensated for a specific investment banking services transaction.
Investment banking has no input into analyst compensation.
Discontinuation of coverage is disclosed as well as the rationale for such termination.
Research reports disclose whether the firm has received or is entitled to receive compensation from a covered company over the past 12 months.
This process is monitored to ensure compliance with these principles.