Between December 2023 and March 2024, McRae exercised discretion without written authorization in six customers' accounts. As a result, McRae violated FINRA Rules 3260(b) and 2010 and is suspended in all capacities for 15 calendar days and fined $5,000.

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. SECURITIES EXCHANGE ACT OF 1934 Release No. 105568 / May 28, 2026 Admin. Proc. File No.