FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2017054001501 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Wells Fargo Clearing Services, LLC (Respondent) Member Firm CRD No. 19616 Pursuant to FINRA Rule 9216 of FINRA’s Code of Procedure, Respondent Wells Fargo Clearing Services, LLC submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.

FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE. WAIVER AND CONSENT NO. 2016051549205 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: GTS Securities LLC, Respondent Member Firm CRD No. 149224 Pursuant to FINRA Rule 9216 of FINRA’s Code of Procedure, Respondent GTS Securities LLC (GTS) submits this Letter of Acceptance, Waiver and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below. This AWC is submitted