Under FINRA Rule 3220 (Influencing or Rewarding Employees of Others), a gift given by a re… — FINRA SIE (Securities Industry Essentials)

Under FINRA Rule 3220 (Influencing or Rewarding Employees of Others), a gift given by a registered representative to a client for a personal event, such as a $250 wedding gift, is exempt from the$ 100 annual gift limit if it is paid for entirely with personal funds and is based on a personal relationship independent of the broker-dealer business.

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The statement is true because FINRA Rule 3220 excludes genuine personal gifts (such as wedding or birth gifts) from the $100 annual limit, provided the gift is funded personally and stems from a personal relationship rather than a business context.

The statement is true. Customs and regulatory guidance under FINRA Rule 3220 permit registered representatives to give personal gifts exceeding $100 (such as wedding gifts) as long as the gift is paid for out of personal funds and is given due to a personal relationship rather than a business relationship.

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Review the core requirement of FINRA Rule 3220.

FINRA Rule 3220 restricts business-related gifts and gratuities given by associated persons to $100 per recipient per year.

To establish the baseline restriction on gifts in the securities industry.

Identify recognized exclusions to the $100 limit.

FINRA explicitly excludes customary gifts given for personal occasions (e.g., weddings, births) when paid out of personal funds and motivated by personal relationships.

Personal gifts are not given 'in relation to the business of the employer' of the recipient or firm.

Evaluate the facts presented in the statement.

The $250 wedding gift is funded personally and based on a personal relationship, placing it directly within the exemption.

The transaction meets all criteria for the personal gift exception.

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Personal Gift Exemption under FINRA Rule 3220

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