17 Sep 2025
🎁FINRA Proposes Increasing Gift Limit from $100 to $300
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Filing of Amendment No. 1 and Order Instituting Proceedings To Determine Whether To Approve Or Disapprove a Proposed Rule Change, as Modified by Amendment No. 1, To Amend FINRA Rule 3220 (Influencing or Rewarding Employees of Others)
Summary
The Securities and Exchange Commission published a notice regarding FINRA's proposed amendment to Rule 3220, which seeks to increase the gift limit from $100 to $300 per person per year. The amendment also introduces provisions for exemptive relief, codifies existing guidance, and aligns the rule with better business practices to avoid conflicts of interest in the financial sector.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by FINRA adjusts the gift limit for business gifts from $100 to $300, impacting compliance and regulatory requirements for financial entities. This modification may influence business relationships and interactions with clients.