From June 30, 2020, through September 2024, Pinnacle violated Rule 15l-1 of the Securities Exchange Act of 1934 (Reg BI), as well as FINRA Rules 3110 and 2010, by failing to establish, maintain, and enforce a reasonable supervisory system, including written supervisory procedures (WSPs), concerning recommendations of inverse, or leveraged exchange traded funds or notes (NT-ETPs).

On February 18, 2025, Martinez failed to provide documents and information requested pursuant to FINRA Rule 8210. As a result, he violated FINRA Rules 8210 and 2010 and is barred from associating with any FINRA member in all capacities.

Fort failed to timely amend his Uniform Application for Securities Industry Registration or Transfer (Form U4) to disclose that he had been charged with a felony. As a result, Fort violated Article V, Section 2(c) of FINRA’s By-Laws and FINRA Rules 1122 and 2010. For this violation, Fort is suspended in all capacities for one month and fined $5,000.