FINRA has filed a proposed rule change to amend FINRA Rule 3220 (Influencing or Rewarding Employees of Others). The change will increase the gift limit from $100 to $300 per person per year. It will also provide for exemptive relief and incorporate existing guidance and interpretive letters. The proposed rule change would also adjust the gift limit in multiple rules. These rules include Rule 2310 for Direct Participation Programs. They also include Rule 2320 for Variable Contracts of an Insurance Company. Additionally, Rule 2341 for Investment Company Securities is included. Rule 5110, the Corporate Financing Rule – Underwriting Terms and Arrangements, is also included.
The link is to the original filing, which increased the limit to $250 and the amendment, based on comments, increasing the limit to $300.00.
https://www.finra.org/rules-guidance/rule-filings/sr-finra-2025-003
Mark Astarita is a nationally recognized securities attorney, who represents investors, financial professionals and firms in securities litigation, arbitration and regulatory matters, including SEC and FINRA investigations and enforcement proceedings.
He is a partner in the national securities law firm Sallah Astarita & Cox, LLC, and the founder of The Securities Law Home Page - SECLaw.com, which was one of the first legal topic sites on the Internet. It went online in 1995 and is updated daily with news, commentary and securities law related links.
