Small Gifts So Not Have To Be Disclosed?

CFA Level III
#1

I thought I read somewhere that small “token” gifts ( under $50) do not have to be disclosed to an employer. And being paid for coaching a baseball game still has to be disclosed, both for compensation, and as a conflict against your time with the firm (Additional Compensation Arrangements and Loyalty). Is this true?

#2

#3

#thatsL2question

#MAYBEevenL1