Comment on SEC Release No. 34-103226, Proposed Rule Changed to Amend FINRA Rule 3220 Influencing Employees of Others
The $100 gift limit for broker-dealers hasn’t changed since 1992. TOBIN supported raising it but pushed for $500 rather than the proposal on the table, and she didn’t buy FINRA’s promise to revisit it periodically. Her argument: 33 years proves they won’t.