Posts tagged FINRA Rule 3220.
The SEC recently approved the Municipal Securities Rulemaking Board's ("MSRB") extension to Municipal Advisors ("MA's") of its dealer Rule G-20, restricting gifts in connection with municipal securities. The Rule also updates and consolidates existing guidance and conforms to FINRA's similar requirements in FINRA Rule 3220. The Rule adds a new prohibition against entertainment-expense reimbursement from offering proceeds, Rule G-20(e). In general, the Rule prohibits gifts or services (including gratuities) exceeding $100 per year to any person if they relate to the ...
Tags: burr forman, dodd-frank act, Financial Industry Regulatory Authority, finra, FINRA Rule 3220, Gift Prohibitions, MSRB, Municipal Advisors, Municipal Securities Rulemaking Board, Rule G-20, SEC, Securities and Exchange Commission, securities litigation, Securities Litigation & Arbitrarion blog, Securities Litigation & Arbitration