FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2020067118901 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Jiacheng Zhou, Respondent Former Investment Banking Representative CRD No. 7043791 Pursuant to FINRA Rule 9216, Respondent Jiacheng Zhou 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. 2019064465201 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Colin Woolford (Respondent) Former General Securities Representative CRD No. 6512956 Pursuant to FINRA Rule 9216, Respondent Colin Woolford 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. 2018060741801 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Gordon Bryan General Securities Representative CRD No. 1292315 Pursuant to FINRA Rule 9216, Respondent Gordon Bryan 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. 2019063960201 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Herbert G. Frey (Respondent) Former General Securities Representative CRD No. 214237 Pursuant to FINRA Rule 9216, Respondent Herbert G. Frey 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. 2013038684001 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Merrill Lynch, Pierce, Fenner & Smith Incorporated (Respondent) Member Firm CRD No. 7691 Pursuant to FINRA Rule 9216, Respondent Merrill Lynch, Pierce, Fenner & Smith Incorporated (Merrill or the firm) 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. 2019061765001 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Securities America, Inc., Respondent Member Firm CRD No. 10205 Pursuant to FINRA Rule 9216, Respondent Securities America, Inc. submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.