Ceros Financial Services Inc.

02/14/2024: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2021073201301 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Ceros Financial Services, Inc. (Respondent) Member Firm CRD No. 37869 Pursuant to FINRA Rule 9216, Respondent Ceros Financial Services, 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 2021073201301data-portal.finra.orgfinra.org

03/26/2014: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2012030601601 TO: Department of Enforcement Financial industry Regulatory Authority ("FINRA") RE: Ceros Financial Services, Inc. (BD No. 37869), Respondent Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Ceros Financial Services, Inc. ("Ceros" or the "Firm") submits this Letter of Acceptance, Waiver and Consent (“AWC") for the purpose of proposing a

Reference 2012030601601finra.orgdata-portal.finra.org

01/13/2025: Between May 2022 and August 2023, Ceros served as placement agent in three contingency offerings (the Offerings). Ceros failed to terminate the Offerings and promptly return investor funds when there were material changes to the terms of the Offerings. Therefore, Ceros willfully violated Exchange Act Rule 10b-9 and violated FINRA Rule 2010. From at least May 2022 to at least August 2023, Ceros failed to establish and maintain a supervisory system, including written supervisory procedures (WSPs ), reasonably designed to achieve compliance with Exchange Act Rule 10b-9. Therefore, Ceros violated FINRA Rules 3110 and 2010.

Reference 2022075315401data-portal.finra.orgfinra.org