FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2019062348302 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Stifel, Nicolaus & Company, Inc. (Respondent) Member Firm CRDNo. 793 Pursuant to FINRA Rule 9216, Respondent Stifel, Nicolaus & Company, Inc. (Stifel) submits this Letter of Acceptance, Waiver, and Consent (A WC) 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. 2021071722201 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Osaic Wealth, Inc., formerly known as Royal Alliance Associates, Inc. (Respondent) Member Firm CRD No. 23131 Securities America, Inc (Respondent) Member Firm CRD No. 10205 Pursuant to FINRA Rule 9216, Respondents Osaic Wealth and Securities America submit this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.