Canaccord Genuity Wealth Management Inc.

09/08/2022: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2018059630401 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Canaccord Genuity Wealth Management (USA) Inc. (Respondent) Member Firm CRD No. 7449 Pursuant to FINRA Rule 9216, Respondent Canaccord Genuity Wealth Management (USA) Inc. (Canaccord) 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 2018059630401data-portal.finra.orgfinra.org

10/01/2025: From at least December 2014 to March 2023, CGWM USA failed to establish, maintain, and enforce a supervisory system, including written supervisory procedures, reasonably designed to review its associated persons’ securities transactions for potential violations of securities laws and FINRA rules. As a result, the firm violated FINRA Rules 3110 and 2010. In addition, between 2019 and 2021, CGWM USA failed to reasonably conduct required branch office inspections, or reduce inspections to written reports, in violation of FINRA Rules 3110(c) and 2010. Finally, from at least 2015 to 2020, CGWM USA failed to complete annual supervisory control system reviews and chief executive officer certifications in violation of FINRA Rules 3120, 3130, and 2010. As a result of these violations, CGWM USA is censured and fined $75,000.

Reference 2022073302501finra.orgdata-portal.finra.org