Between September 2020 and March 2024, Averwater instructed two junior employees at Fifth Third to complete FINRA Regulatory Element continuing education, Firm Element continuing education, and firm-required learning courses on his behalf, in violation of FlNRA Rule 2010. For this violation, Averwater is suspended for four months in all capacities, fined $10,000, and required to complete 10 hours of continuing education.

In February 2026, Spencer used internet-enabled eyeglasses to access test material and cheat on the FINRA Series 6 Examination. Accordingly, Spencer violated FINRA Rules 1210.05 and 2010 and is barred from associating with any FINRA member in all capacities.

Ehnot willfully failed to timely amend his Uniform Application for Securities Industry Registration or Transfer (Form U4) to disclose an unsatisfied tax lien and an unsatisfied judgment. As a result, Ehnot violated Article V, Section 2(c) ofFINRA's By-Laws and FINRA Rules 1122 and 2010. For this violation, Ehnot is suspended in all capacities for two months and fined $5,000.