Cruz refused to provide information and documents requested by FINRA pursuant to FINRA Rule 8210, in violation of FINRA Rules 8210 and 2010. For these violations, Cruz is barred from associating with any FINRA member in all capacities.

Cheng refused to provide information and documents requested pursuant to FINRA Rule 8210 in connection with an investigation into whether he engaged in undisclosed outside business activities. As a result, Cheng violated FINRA Rules 8210 and 2010 and is barred from associating with any FINRA member in all capacities.

Between at least October 2019 and December 2023, Benjamin Edwards failed to reasonably supervise its employees' use of text messaging and failed to preserve and review business-related text messages of registered representatives. These failures continued despite the firm being on notice of its failure to capture business-related text messages. Therefore, the firm violated Section 17(a) of the Securities Exchange Act of 1934, Exchange Act Rule 17a-4, and FINRA Rules 4511, 3110, and 2010.