FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2021072686001 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Jeffrey Karakatsanis (Respondent) Former Investment Company and Variable Contracts Products Representative CRD No. 6911899 Pursuant to FINRA Rule 9216, Respondent Jeffrey Karakatsanis submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below. This AWC is submitted