Palm greasing is a two-way street, apparently. The SEC and the NASD are investigating at least two dozen broker-dealers for overly generous gifting to mutual fund executives, according to a Reuters article on Tuesday.

Under scrutiny are expensive gifts such as golf trips and Super Bowl Tickets, a SEC spokesman told Reuters.

"[S]ome brokerage firms may have given excessive gifts to employees of mutual fund advisers in an effort to curry their favor," an SEC spokesman told Reuters. 

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