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FINRA Rule 3220 allows gifts up to $100 per client per year. A $75 basket complies. $200 (B), $500 (C), and $150 cash (D) exceed limits. Gift rules prevent undue influence and conflicts of interest, ensuring ethical standards.

FINRA Rule 3220 sets the gift limit at $100 per client per year. Anything above may be considered improper influence. This prevents conflicts of interest and maintains professional integrity. FINRA exams test this to ensure candidates understand ethics in client relations.

TIPS adjust principal based on CPI, preserving purchasing power. Fixed annuities (A), preferred stock (C), and corporate bonds (D) all suffer inflation risk. Recognizing inflation hedges is critical for suitability decisions.

Municipal bonds offer tax-exempt interest, making them suitable for investors in high tax brackets. Corporate bonds (A) and Treasuries (B) are taxable, and money markets (D) provide safety but low yields. FINRA exams highlight the importance of tax considerations in suitability assessments.

Industrial production reflects current economic activity, making it a coincident indicator. Stock prices (A) and permits (B) are leading, while unemployment duration (D) is lagging. FINRA exams test indicator classification for economic literacy.