FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Enforcement, Complainant, v. Stephen Sloane CRD No. 1257601 Respondent. Disciplinary Proceeding No. 2016049414401 COMPLAINT The Department of Enforcement alleges: SUMMARY 1. From January 2014 to January 2018 (the “Relevant Period”), Stephen Sloane recommended an unsuitable investment strategy to 14 retail customers (the “Treasury customers”). Specifically, Sloane recommended that the Treasury customers engage in active, short-term trading of U.S. Treasuries with 10- and 30-year maturities,

FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2019062552401 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Marshall Owen Isaacson, Respondent General Securities Representative CRD No. 1140370 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Respondent, Marshall Owen Isaacson (Isaacson or Respondent) submits this Letter of Acceptance, Waiver and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.