FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2017055883501 TO: Department of Enforcement Financial Industry Regulatory Authority (F1NRA) RE: Elizabeth Ann Guarino, Respondent General Securities Representative CRD No. 1264531 Pursuant to FINRA Rule 9216 of FINRA’s Code of Procedure, Respondent Elizabeth Ann Guarino (“Guarino” or “Respondent”) submits this Letter of Acceptance, Waiver and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.