Final answer:
The maximum additional contribution that the municipal finance professional can make is $250.
A municipal finance professional who has already contributed $200 to a mayoral candidate can contribute an additional $50 without impacting the business of the broker-dealer firm, as per MSRB Rule G-37.
Step-by-step explanation:
The maximum additional contribution that the municipal finance professional can make without impacting the municipal securities business of ABC is $250.
A municipal finance professional who has already contributed $200 to a mayoral candidate can contribute an additional $50 without impacting the business of the broker-dealer firm, as per MSRB Rule G-37.
The student has asked about the additional contribution limit that a municipal finance professional can contribute to a mayor's re-election campaign without impacting the business of the firm he works for. According to the regulations, individuals may contribute up to $2,900 per candidate per election cycle. However, in the context of a broker-dealer firm and municipal securities offerings, there are specific rules under MSRB Rule G-37 that deal with political contributions. The rule generally prohibits municipal securities businesses from engaging in business with a municipality for two years after any contribution to an official of such municipality, but it allows an exception for contributions from municipal finance professionals that do not exceed $250 per election to candidates for whom the professionals are entitled to vote. Since the professional in question has already contributed $200, they are permitted to make an additional contribution of up to $50.