In September 2021, Ditto recommended that a 95-year-old customer invest in Government National Mortgage Association (GNMA) support class bonds, a complex product for which Ditto did not have a reasonable basis to believe was in the customer's best interest based on his investment profile. Therefore, Ditto willfully violated Rule 15!-1(a)( 1) under the Securities Exchange Act of 1934 (Reg BI) and also violated FINRA Rule 2010. For these violations, Ditto is suspended for four months in all capacities, fined $5,000, and ordered to disgorge his commissions of $402.58, plus interest.

The Department of Enforcement alleges: SUMMARY 1. Respondent James Thaddeus Walesa failed to respond to two FINRA staff requests to provide information and documents, and another two requests to appear for on-therecord testimony, made pursuant to FINRA Rule 8210 as part of FINRA Staff’s examination into Walesa’s business practices, his voluntary termination from Arkadios Capital, and allegations made against Walesa in [Customer B & Customer Family Trust] v. Arkadios Capital & James Thaddeus Walesa, FINRA 23-03184, (Nov. 1, 2023) (the “Statement of Claim”).

Between December 2019 and July 2024, Joseph willfully failed to disclose a consent order issued by the Maryland Securities Commissioner of the Maryland Securities Division on several Uniform Applications for Securities Industry Registration or Transfer (Forms U4) filed with FINRA. As a result, he violated Article V, Section 2(c) of FINRA’s By-Laws and he violated FINRA Rules 1122 and 2010. For these violations, Joseph is fined $5,000 and suspended in all capacities for six months.