SIE practice questioneasyGift Limits
Under FINRA rules, what is the maximum value of a gift that a registered representative may give to a person associated with another member firm per year?
- A$100
- B$50
- C$300✓ Correct answer
- DNo gifts are permitted
Explanation
Why C — $300
FINRA Rule 3220 limits covered business-related gifts to $300 per person per year. Promotional items of nominal value and reasonable business entertainment where the host is present are treated differently from gifts.
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