NYSE Raises the Workplace Gift Ceiling from $100 to $300
Published Date: 10/22/2026
Notice
Summary
The New York Stock Exchange (NYSE) is updating its rule about gifts to employees of other companies to match FINRA’s recent change, raising the gift limit from $100 to $300. This change affects anyone working with or for the NYSE and aims to keep rules consistent across the industry. The new rule is effective immediately, making it easier and clearer for everyone involved.
Analyzed Economic Effects
5 provisions identified: 3 benefits, 1 costs, 1 mixed.
Gift limit raised to $300/year
NYSE Rule 3220 increases the limit on gifts given in relation to a recipient's employer from $100 to $300 per individual per year. The change follows a FINRA amendment and became effective upon filing on October 9, 2026.
Gifts must be aggregated across givers
Members must aggregate all gifts given by the member, the member organization, and each person associated with the member organization to the same recipient over the course of the year to ensure the $300 per-person annual limit is not exceeded. Firms must state whether aggregation is on a calendar year, fiscal year, or a rolling basis starting with the first gift.
How gifts are valued for the $300 cap
NYSE Rule 3220 now requires members to value most gifts at cost (excluding tax and delivery) and to value event tickets at the higher of cost or face value when applying the $300 per-person annual limit.
Exceptions for personal, bereavement, de minimis, and disaster gifts
Certain gifts are exempt from the $300 limit and recordkeeping: customary personal gifts for infrequent life events (e.g., wedding or birth), bereavement gifts that are customary and reasonable, de minimis promotional items (e.g., pens, notepads, modest desk ornaments, logo items substantially below $300), and donations to help individuals after Presidentially declared major disasters.
Rule won’t cover gifts to your own firm’s employees or retail customers
Supplementary Material .09 clarifies that Rule 3220 does not apply to gifts from a member organization to its own associated persons, nor to gifts from a member organization or its associated persons to individual retail customers.
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Key Dates
Department and Agencies
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