FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS DEPARTMENT OF ENFORCEMENT, Complainant, v. MICHAEL J. GIOVANNELLI (CRD No. 4989449), Respondent. Disciplinary Proceeding No. 2019061941101 Hearing Officer–BEK DEFAULT DECISION November 19, 2021 Respondent is barred from associating with any FINRA member firm in any capacity for providing falsified documents and false testimony to FINRA staff and engaging in unauthorized trading in a customer account. For the unauthorized trading, Respondent

FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2021072352301 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: James E. Simpson (Respondent) Former General Securities Representative CRD No. 424828 Pursuant to FINRA Rule 9216, Respondent James E. Simpson (Simpson) 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