From at least January 2018 to October 2024, Guerra engaged in business-related communications outside of Jefferies’ approved communication channels that were not captured or supervised by the firm. By causing Jefferies to maintain incomplete books and records, Guerra violated FINRA Rules 4511 and 2010 and is suspended in all capacities for one month and fined $5,000.

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. SECURITIES EXCHANGE ACT OF 1934 Release No. 106546 / September 30, 2026 Admin. Proc. File No. 3-22557 In the Matter of the Application of JOSE L. CENTENO For Review of Action Taken by FINRA OPINION OF THE COMMISSION REGISTERED SECURITIES ASSOCIATION—REVIEW OF DISCIPLINARY PROCEEDING FINRA suspended and fined associated person of member firm after finding that he falsely stated in firm records that he had reviewed exception reports. Held, FINRA’s findings of violations and imposition of sanctions are affirmed.

In October 2025, Berg made a payment of $14,394 to settle a complaint made by a firm customer without the knowledge or approval of his firm. As a result, he violated FINRA Rule 2010 and is suspended in all capacities for 15 business days and fined $2,500.