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.