The following Letter Type A, or variations thereof, was submitted by individuals or entities.

Letter Type A:

Dear Secretary Countryman,

As a dedicated financial advisor, who works closely with retail investors, I write to express my strong support for important changes to FINRA Rule 3320 (the Gift Rule). Specifically, I support the decision to raise the annual gift limit from $100 to $300 to adjust for inflation and the exemptive relief that is provided. I believe the proposed changes are necessary considering this would be the first adjustment to the dollar threshold in over 30 years. These adjustments will modernize the current rule and improve efficiency, while also maintaining the rule’s current ethical safeguards.

I am deeply committed to enhancing the investment experience for all clients, ensuring that all Americans have access to financial advice while also promoting investor protection goals. Since the Gift Rule was last updated in 1992, it has been increasingly difficult to provide meaningful gifts that sufficiently demonstrate my level of appreciation. The proposed changes better address modern gifting practices while also ensuring proper investor protections.

I urge you to support these changes to FINRA Rule 3320 and to prioritize this policy issue. Thank you for your attention to this important issue and for your leadership in advancing the interests of American investors.

Sincerely,