EKN FINANCIAL SERVICES INC.

11/02/2006: NASD LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. ELI2003001101 TO: Department of Enforcement NASD RE: EKN Financial Services Inc. (formerly known as Ehrenkrantz King Nussbaum, Inc.) [BD No. 113525] Anthony Ottimo, Sr. [CRD No. 2974369] Thomas Michael Giugliano [CRD No. 2804591] Michael Patrick Benvenuto [CRD No. 1839351] William Thomas Baker [CRD No. 1804430] Pursuant to Rule 9216 of NASD Code of Procedure, EKN Financial Services, Inc. (formerly known as Ehrenkratz King Nussbaum, Inc.)("EKN") Anthony

Reference ELI2003001101finra.orgdata-portal.finra.org

10/12/2012: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Enforcement, Complainant, v. EKN Financial Services, Inc. (CRD #113525), Anthony Ottimo, Sr. (CRD #2974369), AND Thomas Giugliano (CRD #2804591), Respondents. Disciplinary Proceeding No.2008011665801 Hearing Officer: LBB ORDER ACCEPTING OFFER OF SETTLEMENT Date: October 12, 2012 INTRODUCTION Disciplinary Proceeding No. 2008011665801 was filed on June 24, 2011 by the Department of Enforcement of the Financial Industry

Reference 2008011665801data-portal.finra.orgfinra.org

11/02/2009: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS DEPARTMENT OF MARKET REGULATION, COMPLAINANT, v. EKN FINANCIAL SERVICES INC. (CRD No. 113525), RESPONDENT. DISCIPLINARY PROCEEDING NO. 2005002259501 COMPLAINT The Department of Market Regulation alleges as follows: SUMMARY 1. In five instances, Respondent EKN Financial Services Inc. ("EKNS" or the ''firm") entered into corporate bond transactions with retail customers at prices that were not fair under the relevant circumstances. The

03/23/2010: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS DEPARTMENT OF MARKET REGULATION, Complainant, v. EKN FINANCIAL SERVICES INC. (CRD No. 113525), Respondent. Disciplinary Proceeding No. 2005002259501 Hearing Officer-Andrew H. Perkins DEFAULT DECISION March 23, 2010 Respondent is fined $32,500 for: (1) violating Conduct Rues 2440 and 2110, and IM-2440-1, by charging excessive markups on sales of corporate debt securities to retail customers; (2) violating Conduct Rule 3110 and SEC Rule 17a-4,

Reference 2005002259501data-portal.finra.orgfinra.orgdata-portal.finra.org

05/19/2008: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. ELI2005000604 TO: Department of Enforcement Financial Industry Regulatory Authority ("FINRA") RE: EKN Financial Services, Inc., Respondent Broker-Dealer CRD No. 113525 Pursuant to NASD Rule 9216 of FINRA's Code of Procedure, Respondent 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

Reference ELI2005000604data-portal.finra.orgfinra.org