FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2022074939304 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: PFS Investments Inc. (Respondent) Member Firm CRD No. 10111 Pursuant to FINRA Rule 9216, Respondent PFS Investments Inc. (PFSI) submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.