FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2015045281603 TO: Department of Enforcement Financial Industry Regulatory Authority ("FINRA") RE: Sanford C. Bernstein & Co., LLC, Respondent Broker-Dealer CRD No. 104474 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Sanford C. Bernstein & Co., LLC (the "Firm" or "Respondent") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a