BofA Securities Inc.

01/02/2025: From October 2021 through June 2023, BofA Securities failed to timely report approximately 5,200 transactions to the Trade Reporting and Compliance Engine (TRACE), in violation of FINRA Rules 6730(a) and 2010. From February 2018 through June 2022, BofA Securities failed to include a required modifier on approximately 57,000 reports lo TRACE, in violation of FINRA Rules 6730(a) and (d) and 2010. From February 2018 through June 2023, the firm failed to establish and maintain a system reasonably designed to achieve compliance with the firm's obligation to report transactions timely and accurately to TRACE, in violation of FINRA Rules 3110(a) and 2010.

Reference 2022074855301finra.orgdata-portal.finra.org

12/19/2025: From January 2020 to September 2023, BofA Securities published 15 quarterly reports regarding customer orders in NMS securities pursuant to Rule 606 of Regulation National Market System (NMS) under the Securities Exchange Act of I 934 that provided inaccurate and incomplete information. As a result, the firm violated Rule 606(a) of Regulation NMS and FJNRA Rule 2010. During the same period, BofA Securities failed to establish, maintain, and enforce a supervisory system, including written supervisory procedures (WSPs), reasonably designed to achieve compliance with Rule 606. As a result, the firm violated FINRA Rules 3110(a) and (b) and 2010. For these violations, BofA Securities is censured and fined $225,000.

Reference 2022073414301data-portal.finra.orgfinra.org

07/15/2022: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2019061061701 Department of Enforcement Financial Industry Regulatory Authority (FINRA) BofA Securities, Inc. (Respondent) Member Firm CRD No. 283942 Pursuant to FINRA Rule 9216, Respondent BofA Securities, Inc. ("BofAS" or "the firm") submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.

Reference 2019061061701finra.orgdata-portal.finra.org

05/28/2024: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2020066382601 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: BofA Securities, Inc. (Respondent) Member Firm CRD No. 283942 Pursuant to FINRA Rule 9216, Respondent BofA Securities, Inc. (BofAS or the firm) submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.

Reference 2020066382601data-portal.finra.orgfinra.org

11/29/2023: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2019063152203 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: BofA Securities, Inc. (Respondent) Member Firm CRD No. 283942 Pursuant to FINRA Rule 9216, Respondent BofA Securities, Inc. (BofAS) 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 on the condition that, if accepted, FINRA will not bring any future actions against Respondent alleging violations based on the same factual findings described in this AWC.

Reference 2019063152203data-portal.finra.orgfinra.org

09/12/2022: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2018059109401 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: BofA Securities, Inc. (Respondent) Member Firm CRD No. 283942 Pursuant to FINRA Rule 9216, Respondent BofA Securities, Inc. 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 on the condition that, if accepted, FINRA will not bring any future actions against Respondent alleging violations based on the same factual findings described in this AWC.

Reference 2018059109401data-portal.finra.orgfinra.org

10/27/2025: From at least September 2014 through at least July 2023, BofAS violated Exchange Act Rules 611(a)(1), (a)(2) and (c), and FINRA Rules 6380A(a)(5)(I) and (J), and 2010 by, among other things, failing to establish, maintain, and enforce written policies and procedures reasonably designed to prevent trade-throughs of protected quotations in NMS stocks resulting from system issues and assure that its intermarket sweep orders (ISOs) complied with Regulation NMS. It also violated NASD Rule 3010 and FINRA Rules 3110 and 2010 by failing to establish and maintain a supervisory system, including WSPs, reasonably designed to achieve compliance with Exchange Act Rule 611. For these violations, the firm is censured and fined $155,000.

Reference 2021071732701finra.orgdata-portal.finra.org