Trendpublic

🎁FINRA Proposes Increasing Gift Limit from $100 to $300

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.