A. G. Edwards & Sons, Inc

BrokerCheck Report A. G. EDWARDS & SONS, INC. CRD# 4

Section Title Page(s) Report Summary 1

Registration and Withdrawal 2

Firm Profile 3 - 8

Firm History 9

Firm Operations 10 - 32

Disclosure Events 33

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©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 1 www.finra.org/brokercheck User Guidance Registration Withdrawal Information This section provides information relating to the date the brokerage firm ceased doing business and the firm's financial obligations to customers or other brokerage firms.

This firm terminated or 02/15/2008 withdrew registration on:

Does this brokerage firm owe No any money or securities to any customer or brokerage firm?

This firm is classified as a corporation. This firm was formed in Delaware on 05/11/1967. Its fiscal year ends in February.

Firm Names and Locations This section provides the brokerage firm's full legal name, "Doing Business As" name, business and mailing addresses, telephone number, and any alternate name by which the firm conducts business and where such name is used.

A. G. EDWARDS & SONS, INC. Doing business as A. G. EDWARDS & SONS, INC. CRD# 4 SEC# 8-13580

Main Office Location ONE NORTH JEFFERSON AVE. ST. LOUIS, MO 63103

Mailing Address ONE NORTH JEFFERSON AVE. ST. LOUIS, MO 63103

Business Telephone Number 314 955-3000

©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 3 www.finra.org/brokercheck User Guidance Firm Profile This section provides information relating to all direct owners and executive officers of the brokerage firm. Direct Owners and Executive Officers

Legal Name & CRD# (if any): A.G. EDWARDS, INC. Is this a domestic or foreign Domestic Entity entity or an individual?

Position HOLDING COMPANY Position Start Date 10/2007 Percentage of Ownership 75% or more Does this owner direct the Yes management or policies of the firm?

Is this a public reporting No company?

Legal Name & CRD# (if any): ATKIN, MARY MARGARET 863962 Is this a domestic or foreign Individual entity or an individual?

Position DIRECTOR, EXECUTIVE VICE PRESIDENT Position Start Date 09/1993 Percentage of Ownership Less than 5% Does this owner direct the Yes management or policies of the firm?

Is this a public reporting No company?

Legal Name & CRD# (if any): BAGBY, ROBERT LEE 9985 Is this a domestic or foreign Individual entity or an individual?

Position CHAIRMAN OF BOARD OF DIRECTORS Position Start Date 10/2007 Percentage of Ownership Less than 5% ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 4 www.finra.org/brokercheck User Guidance Firm Profile

Direct Owners and Executive Officers (continued) Percentage of Ownership Less than 5% Does this owner direct the Yes management or policies of the firm?

Is this a public reporting No company?

Legal Name & CRD# (if any): BIEBEL, PETER ALAN 722143 Is this a domestic or foreign Individual entity or an individual?

Position SENIOR REGISTERED OPTIONS PRINCIPAL Position Start Date 03/2005 Percentage of Ownership Less than 5% Does this owner direct the Yes management or policies of the firm?

Is this a public reporting No company?

Legal Name & CRD# (if any): GRUMKE, CLAY LEONARD 2199350 Is this a domestic or foreign Individual entity or an individual?

Position CHIEF LEGAL COUNSEL, VICE PRESIDENT Position Start Date 03/2007 Percentage of Ownership Less than 5% Does this owner direct the No management or policies of the firm?

Is this a public reporting No company?

Legal Name & CRD# (if any): HOPKINS, DAVID RICHARD

Direct Owners and Executive Officers (continued) 4802877 Is this a domestic or foreign Individual entity or an individual?

Position EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER, TREASURER Position Start Date 10/2007 Percentage of Ownership Less than 5% Does this owner direct the Yes management or policies of the firm?

Is this a public reporting No company?

Legal Name & CRD# (if any): KELLY, DOUGLAS LAIRD 2428802 Is this a domestic or foreign Individual entity or an individual?

Position CORPORATE SECRETARY, DIRECTOR, EXECUTIVE VP; CHIEF OPERATING OF Position Start Date 10/2007 Percentage of Ownership Less than 5% Does this owner direct the Yes management or policies of the firm?

Is this a public reporting No company?

Legal Name & CRD# (if any): LUDEMAN, DANIEL JAMES 874126 Is this a domestic or foreign Individual entity or an individual?

Position PRESIDENT AND CHIEF EXECUTIVE OFFICER Position Start Date 10/2007 Percentage of Ownership Less than 5% Does this owner direct the Yes management©2021 FINRA. All orrights policies reserved. of Report about A. G. EDWARDS & SONS, INC. 6 the firm? www.finra.org/brokercheck User Guidance Firm Profile

Direct Owners and Executive Officers (continued) Does this owner direct the Yes management or policies of the firm?

Is this a public reporting No company?

Legal Name & CRD# (if any): MAHAT, MARC ALAN 1967091 Is this a domestic or foreign Individual entity or an individual?

Position COMPLIANCE REGISTERED OPTIONS PRINCIPAL Position Start Date 04/2007 Percentage of Ownership Less than 5% Does this owner direct the No management or policies of the firm?

Is this a public reporting No company?

Legal Name & CRD# (if any): UNDERWOOD, BRIAN CLINTON 1229168 Is this a domestic or foreign Individual entity or an individual?

Position DIRECTOR, CHIEF COMPLIANCE OFFICER, SENIOR VICE PRESIDENT Position Start Date 08/1989 Percentage of Ownership Less than 5% Does this owner direct the Yes management or policies of the firm?

Is this a public reporting No company?

©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 7 www.finra.org/brokercheck User Guidance Firm Profile This section provides information relating to any indirect owners of the brokerage firm. Indirect Owners

Legal Name & CRD# (if any): WACHOVIA CORPORATION Is this a domestic or foreign Domestic Entity entity or an individual?

Company through which A.G. EDWARDS, INC. indirect ownership is established Relationship to Direct Owner SHAREHOLDER Relationship Established 10/2007 Percentage of Ownership 75% or more Does this owner direct the Yes management or policies of the firm? Is this a public reporting Yes company?

©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 8 www.finra.org/brokercheck User Guidance Firm History This section provides information relating to any successions (e.g., mergers, acquisitions) involving the firm.

No information reported.

Registrations This section provides information about the regulators (Securities and Exchange Commission (SEC), self-regulatory organizations (SROs), and U.S. states and territories) with which the brokerage firm is currently registered and licensed, the date the license became effective, and certain information about the firm's SEC registration. This firm is no longer registered. The firm's registration was from 11/19/1929 to 05/29/2008.

Types of Business This section provides the types of business, including non-securities business, the brokerage firm is engaged in or expects to be engaged in. This firm currently conducts 24 types of businesses. Types of Business

Exchange member engaged in exchange commission business other than floor activities Exchange member engaged in floor activities Broker or dealer making inter-dealer markets in corporation securities over-the-counter Broker or dealer retailing corporate equity securities over-the-counter Broker or dealer selling corporate debt securities Underwriter or selling group participant (corporate securities other than mutual funds) Mutual fund retailer U S. government securities dealer U S. government securities broker Municipal securities dealer Municipal securities broker Broker or dealer selling variable life insurance or annuities Solicitor of time deposits in a financial institution Real estate syndicator Put and call broker or dealer or option writer Broker or dealer selling securities of only one issuer or associate issuers (other than mutual funds) Broker or dealer selling securities of non-profit organizations (e.g., churches, hospitals) Investment advisory services Broker or dealer selling tax shelters or limited partnerships in primary distributions Broker or dealer selling tax shelters or limited partnerships in the secondary market Trading securities for own account Private placements of securities Broker or dealer selling interests in mortgages or other receivables Broker or dealer involved in a networking, kiosk or similar arrangment with a: bank, savings bank or association, or credit union

Other Types of Business ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 11 www.finra.org/brokercheck User Guidance Other Types of Business This firm does effect transactions in commodities, commodity futures, or commodity options. This firm does engage in other non-securities business. Non-Securities Business Description: A.G. EDWARDS MORTGAGE, LLC - A.G. EDWARDS & SONS, INC. AND WELLS FARGO HOME MORGAGE HAS FORMED A JOINT VENTURE TO OFFER FIRST AND SECOND MORTGAGES, CONSTRUCTION LOANS, JUMBO MORTGAGES & HOME EQUITY LINES OF CREDIT TO CLIENTS OF A.G. EDWARDS & SONS, INC.

Clearing Arrangements This firm does hold or maintain funds or securities or provide clearing services for other broker-dealer(s).

Introducing Arrangements

This firm does refer or introduce customers to other brokers and dealers. Name: CENTENNIAL ASSET MANAGEMENT CORPORATION CRD #: 7862 Business Address: 6803 SOUTH TUSCON WAY ENGLEWOOD, CO 80112 Effective Date: 10/22/1990 Description: A.G. EDWARDS & SONS, INC. (EDWARDS) RECEIVES A FEE FROM CENTENNIAL ASSET MANAGEMENT CORPORATION (CENTENNIAL), AN INVESTMENT MANAGEMENT COMPANY. A PORTION OF ANY CASH BALANCES OF CLIENTS OF EDWARDS MAY BE INVESTED IN FUNDS MANAGED BY CENTENNIAL. EACH OF THE FUNDS HAS ADOPTED A DISTRIBUTION EXPENSE PLAN IN ACCORDANCE WITH THE REQUIREMENTS OF RULE 12(B)-1 UNDER THE INVESTMENT COMPANY ACT OF 1940, PURSUANT TO WHICH THE FUND MAY PAY EDWARDS FEES IN CONNECTION WITH THE DISTRIBUTION OF FUNDS.

This firm does not have books or records maintained by a third party.

This firm does not have accounts, funds, or securities maintained by a third party.

This firm does not have customer accounts, funds, or securities maintained by a third party.

Control Persons/Financing This firm does not have individuals who control its management or policies through agreement.

This firm does not have individuals who wholly or partly finance the firm's business.

Organization Affiliates This section provides information on control relationships the firm has with other firms in the securities, investment advisory, or banking business.

This firm is, directly or indirectly: · in control of · controlled by · or under common control with the following partnerships, corporations, or other organizations engaged in the securities or investment advisory business. FIRST CLEARING, LLC is under common control with the firm. CRD #: 17344 Business Address: 901 EAST BYRD STREET, 12TH FLOOR RICHMOND, VA 23219 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: Yes Investment Advisory Yes Activities: Description: THE AFFILIATE IS OWNED BY AFFILIATES THAT ARE WHOLLY OWNED BY WACHOVIA BANK, N.A. WACHOVIA BANK, N.A. IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

WACHOVIA SECURITIES, LLC is under common control with the firm. CRD #: 19616 Business Address: 901 EAST BYRD STREET RICHMOND, VA 23219 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: Yes Investment Advisory Yes Activities: Description: THE AFFILIATE IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA ©2021 FINRA. All rights reserved. Report aboutCORPORATION A. G. EDWARDS IS & THE SONS, ULTIMATE INC. PARENT OF BOTH THE APPLICANT AND 15 AFFILIATE. www.finra.org/brokercheck User Guidance Firm Operations

Organization Affiliates (continued)

Description: THE AFFILIATE IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

STRUCTURED ASSET INVESTORS, LLC is under common control with the firm. CRD #: 131539 Business Address: 301 SOUTH COLLEGE STREET, TW-8 7TH FLOOR CHARLOTTE, VA 28288 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory Yes Activities: Description: THE AFFILIATE IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

ATLAS ADVISERS INC is under common control with the firm. CRD #: 105802 Business Address: 794 DAVIS STREET SAN LEANDRO, CA 94577 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory Yes Activities: Description: THE AFFILIATE IS WHOLLY OWNED BY GOLDEN WEST FININACIAL CORPORATION. GOLDEN WEST FINANCIAL CORPORATION IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILATE.

WACHOVIA INSURANCE SERVICES BROKER DEALER, INC. is under common control with the firm.

Organization Affiliates (continued)

CRD #: 35419 Business Address: 227 WEST TRADE STREET, SUITE 1550 CHARLOTTE, NC 28202 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: Yes Investment Advisory No Activities: Description: THE AFFILIATE IS OWNED BY AFFILIATES WHOLLY OWNED BY WACHOVIA BANK, N.A. WACHOVIA BANKS, N.A. IS 100% OWNED BY WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

WACHOVIA CAPITAL PARTNERS 1997, LLC is under common control with the firm. Business Address: ONE WACHOVIA CENTER 301 S. COLLEGE STREET CHARLOTTE, NC 28288 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory No Activities: Description: THE AFFILIATE IS WHOLLY OWNED BY WACHOVIA INVESTORS, INC. WACHOVIA INVESTORS INC. IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

WACHOVIA CAPITAL PARTNERS 1999-II, LLC is under common control with the firm. Business Address: ONE WACHOVIA CENTER 301 S COLLEGE STREET CHARLOTTE, NC 28288 Effective Date: 10/01/2007 Foreign Entity: No ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 17 www.finra.org/brokercheck User Guidance Firm Operations

Organization Affiliates (continued) Foreign Entity: No Country: Securities Activities: No Investment Advisory No Activities: Description: THE AFFILIATE IS WHOLLY OWNED BY WACHOVIA INVESTORS, INC. WACHOVIA INVESTORS INC. IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

GOLDEN CAPITAL MANAGEMENT, LLC is under common control with the firm. CRD #: 110667 Business Address: 10715 DAVID TAYLOR DRIVE SUITE 150 CHARLOTTE, NC 28262 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory Yes Activities: Description: THE AFFILIATE IS WHOLLY OWNED BY WACHOVIA ALTERNATIVE STRATEGIES, INC. WACHOVIA ALTERNATIVE STRATEGIES, INC. IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

WACHOVIA BANK, N.A. is under common control with the firm. Business Address: 301 SOUTH COLLEGE STREET, SUITE 4000 ONE WACHOVIA CENTER CHARLOTTE, NC 28288 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: Yes Investment Advisory Yes Activities: ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 18 www.finra.org/brokercheck User Guidance Firm Operations

Organization Affiliates (continued)

Investment Advisory Yes Activities: Description: THE AFFILATE IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

WACHOVIA INVESTORS, INC. is under common control with the firm. Business Address: ONE WACHOVIA CENTER 301 S. COLLEGE STREET CHARLOTTE, NC 28288 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory No Activities: Description: WACHOVIA INVESTORS, INC. IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

METROPOLITAN WEST SECURITIES, LLC is under common control with the firm. CRD #: 30172 Business Address: 11440 SAN VINCENTE BOULEVARD, 3RD FLOOR LOS ANGELES, CA 90049 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: Yes Investment Advisory Yes Activities: Description: THE AFFILIATE IS WHOLLY OWNED BY WACHOVIA BANK, N.A. WACHOVIA BANK, N.A. IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

Organization Affiliates (continued)

WACHOVIA SECURITIES INTERNATIONAL LIMITED is under common control with the firm. Business Address: LECONFIELD HOUSE CURZON STREET LONDON, ENGLAND WIJ-5JA Effective Date: 10/01/2007 Foreign Entity: Yes Country: ENGLAND Securities Activities: Yes Investment Advisory No Activities: Description: THE AFFILIATE IS OWNED BY AFFILIATES WHOLLY OWNED BY WACHOVIA BANK, N.A. WACHOVIA BANK, N.A. IS 100% OWNED BY WACHOVIA CORPORATION. WACHOIVA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

J.L. KAPLAN ASSOCIATES, LLC is under common control with the firm. Business Address: 222 BERKELEY STREET SUITE 2010 BOSTON, MA 02116 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory Yes Activities: Description: THE AFFILIATE IS OWNED BY AFFILIATES THAT ARE WHOLLY OWNED BY WACHOVIA BANK, N.A. WACHOVIA BANK, N.A. IS 100% OWNED BY WACOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

WACHOVIA CAPITAL MARKETS, LLC is under common control with the firm. CRD #: 126292 Business Address: 301 S. COLLEGE STREET CHARLOTTE, NC 28288-0601 Effective Date: 10/01/2007 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 20 www.finra.org/brokercheck User Guidance Firm Operations

Organization Affiliates (continued)

Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: Yes Investment Advisory No Activities: Description: THE AFFILIATE IS WHOLLY OWNED BY EVEREN CAPITAL CORPORATION. EVEREN CAPITAL CORPORATION IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATINO IS THEULTIMATE PARENT OF BOTH THE APPLICANT AND AFILIATE.

CALIBRE ADVISORY SERVICES, INC. is under common control with the firm. CRD #: 133333 Business Address: 800 SOUTH STREET SUITE 195 WALTHAM, MA 02453 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory Yes Activities: Description: THE AFFILIATE IS WHOLLY OWNED BY WACHOVIA BANK, N.A. WACHOVIA BANK, N.A. IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

WACHOVIA CAPITAL PARTNERS 2004, LLC is under common control with the firm. Business Address: ONE WACHOVIA CENTER 301 S. COLLEGE STREET CHARLOTTE, NC 28288 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 21 www.finra.org/brokercheck User Guidance Firm Operations

Organization Affiliates (continued)

Securities Activities: No Investment Advisory No Activities: Description: THE AFFILIATE IS WHOLLY OWNED BY WACHOVIA INVESTORS, INC. WACHOVIA INVESTORS INC. IS 100% OWNED BY WACHOVIA CORPORATION, WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

WACHOVIA CAPITAL PARTNERS, INC. is under common control with the firm. Business Address: ONE WACHOVIA CENTER 301 S. COLLEGE STREET CHARLOTTE, NC 28288 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory No Activities: Description: THE AFFILIATE IS WHOLLY OWNED BY WACHOVIA INVESTORS, INC. WACHOVIA INVESTORS INC. IS 100% OWNED BY WACHOVIA CORPORATION, WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

WACHOVIA CAPITAL PARTNERS 2000, LLC is under common control with the firm. Business Address: ONE WACHOVIA CENTER CHARLOTTE, NC 28288 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory No Activities: Description: THE AFFILIATE IS WHOLLY OWNED BY WACHOVIA INVESTORS, INC. WACHOVIA INVESTORS INC. IS 100% OWNED BY WACHOVIA CORPORATION, WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE. ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 22 www.finra.org/brokercheck User Guidance Firm Operations THE AFFILIATE IS WHOLLY OWNED BY WACHOVIA INVESTORS, INC. Organization Affiliates (continued)WACHOVIA INVESTORS INC. IS 100% OWNED BY WACHOVIA CORPORATION, WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

WACHOVIA CAPITAL PARTNERS 2003, LLC is under common control with the firm. Business Address: ONE WACHOVIA CENTER 301 S. COLLEGE STREET CHARLOTTE, NC 28288 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory No Activities: Description: THE AFFILIATE IS WHOLLY OWNED BY WACHOVIA INVESTORS, INC. WACHOVIA INVESTORS INC. IS 100% OWNED BY WACHOVIA CORPORATION, WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

WACHOVIA CAPITAL PARTNERS 2002, LLC is under common control with the firm. Business Address: ONE WACHOVIA CENTER 301 S. COLLEGE STREET CHARLOTTE, NC 28288 Effective Date: 10/01/2000 Foreign Entity: No Country: Securities Activities: No Investment Advisory No Activities: Description: THE AFFILIATE IS WHOLLY OWNED BY WACHOVIA INVESTORS, INC. WACHOVIA INVESTORS INC. IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

WACHOVIA CAPITAL PARTNERS 2001, LLC is under common control with the firm. Business Address: ONE WACHOVIA CENTER 301 S. COLLEGE STREET CHARLOTTE, NC 28288 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 23 www.finra.org/brokercheck User Guidance Firm Operations

Organization Affiliates (continued)

Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory No Activities: Description: THE AFFILIATE IS WHOLLY OWNED BY WACHOVIA INVESTORS, INC. WACHOVIA INVESTORS INC. IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILATE.

WACHOVIA CAPITAL PARTNERS 1998, LLC is under common control with the firm. Business Address: ONE WACHOVIA CENTER 301 S. COLLEGE STREET CHARLOTTE, NC 28288 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory No Activities: Description: THE AFFILIATE IS WHOLLY OWNED BY WACHOVIA INVESTORS, INC. WACHOVIA INVESTORS INC. IS 100% OWNED BY WACHOVIA CORPORATION, WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

WACHOVIA CAPITAL PARTNERS 1998-II, LLC is under common control with the firm. Business Address: ONE WACHOVIA CENTER 301 S. COLLEGE STREET CHARLOTTE, NC 28288 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory No ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 24 Activities: www.finra.org/brokercheck User Guidance Firm Operations

Organization Affiliates (continued)

Investment Advisory No Activities: Description: THE AFFILIATE IS WHOLLY OWNED BY WACHOVIA INVESTORS, INC. WACHOVIA INVESTORS INC. IS 100% OWNED BY WACHOVIA COPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

WACHOVIA CAPITAL PARTNERS 1999, LLC is under common control with the firm. Business Address: ONE WACHOVIA CENTER 301 S. COLLEGE STREET CHARLOTTE, NC 28288 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory No Activities: Description: THE AFFILIATE IS WHOLLY OWNED BY WACHOVIA INVESTORS, INC. WACHOVIA INVESTORS INC. IS 100% OWNED BY WACHOVIA CORPORATION, WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

WACHOVIA CAPITAL PARTNERS 2005, LLC is under common control with the firm. Business Address: ONE WACHOVIA CENTER 301 S. COLLEGE STREET CHARLOTTE, NC 28288 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory No Activities: Description: THE AFFILIATE IS WHOLLY OWNED BY WACHOVIA INVESTORS, INC. WACHOVIA INVESTORS, INC IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE. ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 25 www.finra.org/brokercheck User Guidance Firm Operations

Organization Affiliates (continued)

SYNTHETIC FIXED INCOME SECURITIES, INC. is under common control with the firm. Business Address: ONE WACHOVIA CENTER 301 S. COLLEGE STREET CHARLOTTE, NC 28288 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory No Activities: Description: THE AFFILIATE IS 100% OWNED BY WACHOVIA CORPORATION, WACHOVIA CORPORATIN IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

OFFITBANK DERIVATIVES, INC. is under common control with the firm. Business Address: 2711 CENTERVILLE ROAD, SUITE 400 WILMINGTON, NC 19808 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory No Activities: Description: THE AFFILIATE IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

FIRST UNTION FINANCIAL INVESTMENTS, INC. is under common control with the firm. Business Address: 511 UNION STREET, SUITE 1820 NASHVILLE, TN 37219 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 26 www.finra.org/brokercheck User Guidance Firm Operations

Organization Affiliates (continued)

Securities Activities: No Investment Advisory No Activities: Description: THE AFFILIATE IS WHOLLY OWNED BY FIRST UNTION HOLDINGS, INC. FIRST UNTION HOLDINGS, INC. IS 100% OWNED BY WACHOVIA BANK, N.A. IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND THE AFFILIATE.

METROPOLITAN WEST CAPITAL MANAGEMENT, LLC is under common control with the firm. CRD #: 107469 Business Address: 610 NEWPORT CENTER DRIVE, SUITE 1000 NEWPORT BEACH, CA 92660 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory Yes Activities: Description: THE AFFILIATE IS OWNED BY AFFILIATES THAT ARE WHOLLY OWNED BY WACHOVIA BANK, N.A. WACHOVIA BANK, N.A. IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

STRUCTURED CREDIT PARTNERS LLC is under common control with the firm. CRD #: 112660 Business Address: 301 COUTH COLLEGE STREET 7TH FLOOR CHARLOTTE, NC 28288 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory Yes Activities: Description: THE AFFILIATE IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA ©2021 FINRA. All rights reserved. Report aboutCORPORATION A. G. EDWARDS IS & THE SONS, ULTIMATE INC. PARENT OF BOTH THE APPLICANT AND 27 AFFILIATE. www.finra.org/brokercheck User Guidance Firm Operations

Organization Affiliates (continued)

Description: THE AFFILIATE IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

WACHOVIA PRIVATE CAPITAL, INC. is under common control with the firm. Business Address: 123 SOUTH BROAD STREET PHILADELPHIA, PA 19109 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory No Activities: Description: THE AFFILIATE IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

WACHOVIA ALTERNATIVE STRATEGIES, INC. is under common control with the firm. CRD #: 133204 Business Address: 401 SOUTH TRYON STREET CHARLOTTE, NC 28202 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory Yes Activities: Description: WACHOVIA INVESTORS, INC. IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

EVERGREEN WORLDWIDE DISTRIBUTORS, LTD. is under common control with the firm. Business Address: CLARENDON HOUSE 2 CHURCH STREET HAMILTON, BERMUDA HM11

Organization Affiliates (continued)

Effective Date: 10/01/2007 Foreign Entity: Yes Country: BERMUDA Securities Activities: Yes Investment Advisory No Activities: Description: THE AFFILIATE IS OWNED BY AFFILIATES THAT ARE WHOLLY OWNED BY WACHOVIA BANK, N.A. WACHOVIA BANK, N.A. IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

EVERGREEN INVESTMENT SERVICES, INC. is under common control with the firm. CRD #: 487 Business Address: 11440 SAN VINCENTE BOULEVARD, 3RD FLOOR LOS ANGELES, CA 90049 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: Yes Investment Advisory No Activities: Description: THE AFFILIATE IS OWNED BY AFFILIATES THAT ARE WHOLLY OWNED BY WACHOVIA BANK, N.A. WACHOVIA BANK, N.A. IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

EVERGREEN INVESTMENT MANAGEMENT CO is under common control with the firm. CRD #: 104594 Business Address: 200 BERKELEY STREET BOSTON, MA 02116 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 29 www.finra.org/brokercheck User Guidance Firm Operations

Organization Affiliates (continued)

Securities Activities: No Investment Advisory Yes Activities: Description: THE AFFILIATE IS OWNED BY AFFILIATES THAT ARE WHOLLY OWNED BY WACHOVIA BANK, N.A. WACHOVIA BANK, N.A. IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

WACHOVIA SECURITIES FINANCIAL NETWORK, LLC is under common control with the firm. CRD #: 11025 Business Address: 901 EAST BYRD STREET RICHMOND, VA 23219 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: Yes Investment Advisory Yes Activities: Description: THE AFFILIATE IS WHOLLY OWNED BY WACHOVIA SECURITIES FINANCIAL HOLDINGS, LLC. WACHOVIA SECURITIES FINANCIAL HOLDINGS, LLC IS 62% OWNED BY WACHOVIA SECURITIES HOLDINGS, LLC AND 38% OWNED BY PRUDENTIAL SECURITIES GROUP, INC. WACHOVIA SECURITIES HOLDINGS, LLC IS WHOLLY OWNED BY EVEREN CAPITAL CORPORATION. EVEREN CAPTIAL CORPORATION IS 100% OWNED BY WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

FIRST INTERNATIONAL ADVISORS, LLC is under common control with the firm. Business Address: CENTURION HOUSE 24 MONUMENT STREET, 4TH FLOOR LONDON, ENGLAND EC3R 8A2 Effective Date: 10/01/2007 Foreign Entity: Yes Country: ENGLAND Securities Activities: No Investment Advisory Yes Activities: ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 30 www.finra.org/brokercheck User Guidance Firm Operations

Organization Affiliates (continued)

Investment Advisory Yes Activities: Description: THE AFFILIATE IS OWNED BY AFFILIATES THAT ARE WHOLLY OWNED BY WACHOVIA BANK, N.A. WACHOVIA BANK, N.A. IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

TATTERSALL ADVISORY GROUP INC is under common control with the firm. CRD #: 107923 Business Address: 6802 PARAGON PLACE, STE. 200 RICHMOND, VA 23230-1720 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory Yes Activities: Description: THE AFFILIATE IS WHOLLY OWNED BY WACHOVIA BANK, N.A. WACHOVIA BANK, N.A. IS 100% OWNED BY WACHOVIA CORPORATION. WACHOVIA CORPORATION IS THE ULTIMATE PARENT OF BOTH THE APPLICANT AND AFFILIATE.

GALLATIN ASSET MANAGEMENT, INC. is under common control with the firm. CRD #: 136448 Business Address: ONE NORTH JEFFERSON AVENUE ST. LOUIS, MO 63103 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory Yes Activities: Description: UNDER COMMON CONTROL

Organization Affiliates (continued)

A.G. EDWARDS TRUST COMPANY FSB is under common control with the firm. Business Address: ONE NORTH JEFFERSON AVENUE ST. LOUIS, MO 63103 Effective Date: 10/01/2007 Foreign Entity: No Country: Securities Activities: No Investment Advisory Yes Activities: Description: UNDER COMMON CONTROL WITH BD #4 A.G. EDWARDS & SONS, INC.

This firm is directly or indirectly, controlled by the following: · bank holding company · national bank · state member bank of the Federal Reserve System · state non-member bank · savings bank or association · credit union · or foreign bank

WACHOVIA CORPORATION is a Bank Holding Company and controls the firm. Business Address: 301 S COLLEGE STREET CHARLOTTE, NC 28288 Effective Date: 10/01/2007 Description: APPLICANT'S ULTIMATE PARENT

All firms registered to sell securities or provide investment advice are required to disclose regulatory actions, criminal or civil judicial proceedings, and certain financial matters in which the firm or one of its control affiliates has been involved. For your convenience, below is a matrix of the number and status of disclosure events involving this brokerage firm or one of its control affiliates. Further information regarding these events can be found in the subsequent pages of this report. Pending Final On Appeal Regulatory Event 2 75 0 Arbitration N/A 265 N/A Bond N/A 3 N/A

Disclosure Event Details What you should know about reported disclosure events:

1. BrokerCheck provides details for any disclosure event that was reported in CRD. It also includes summary information regarding FINRA arbitration awards in cases where the brokerage firm was named as a respondent. 2. Certain thresholds must be met before an event is reported to CRD, for example: o A law enforcement agency must file formal charges before a brokerage firm is required to disclose a particular criminal event. 3. Disclosure events in BrokerCheck reports come from different sources: o Disclosure events for this brokerage firm were reported by the firm and/or regulators. When the firm and a regulator report information for the same event, both versions of the event will appear in the BrokerCheck report. The different versions will be separated by a solid line with the reporting source labeled. 4. There are different statuses and dispositions for disclosure events: o A disclosure event may have a status of pending, on appeal, or final. § A "pending" event involves allegations that have not been proven or formally adjudicated. § An event that is "on appeal" involves allegations that have been adjudicated but are currently being appealed. § A "final" event has been concluded and its resolution is not subject to change. o A final event generally has a disposition of adjudicated, settled or otherwise resolved. § An "adjudicated" matter includes a disposition by (1) a court of law in a criminal or civil matter, or (2) an administrative panel in an action brought by a regulator that is contested by the party charged with some alleged wrongdoing. § A "settled" matter generally involves an agreement by the parties to resolve the matter. Please note that firms may choose to settle customer disputes or regulatory matters for business or other reasons. § A "resolved" matter usually involves no payment to the customer and no finding of wrongdoing on the part of the individual broker. Such matters generally involve customer disputes. 5. You may wish to contact the brokerage firm to obtain further information regarding any of the disclosure events contained in this BrokerCheck report. Regulatory - Final This type of disclosure event involves (1) a final, formal proceeding initiated by a regulatory authority (e.g., a state securities agency, self-regulatory organization, federal regulator such as the U.S. Securities and Exchange Commission, foreign financial regulatory body) for a violation of investment-related rules or regulations; or (2) a revocation or suspension of the authority of a brokerage firm or its control affiliate to act as an attorney, accountant or federal contractor. Disclosure 1 of 75 Reporting Source: Regulator Current Status: Final Allegations: THE ENFORCEMENT SECTION OF THE MISSOURI SECURITIES DIVISION ©2021 FINRA. All rights reserved. Report aboutHAS A. ALLEGED G. EDWARDS THAT & SONS, A.G. INC. EDWARDS & SONS, INC. FAILED TO MAKE, 34 MAINTAIN, AND PRESERVE CERTAIN RECORDS. www.finra.org/brokercheck User Guidance

Allegations: THE ENFORCEMENT SECTION OF THE MISSOURI SECURITIES DIVISION HAS ALLEGED THAT A.G. EDWARDS & SONS, INC. FAILED TO MAKE, MAINTAIN, AND PRESERVE CERTAIN RECORDS. Initiated By: MISSOURI SECURITIES DIVISION Date Initiated: 04/18/2011 Docket/Case Number: AP-11-14 URL for Regulatory Action: Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief CONSENT Sought:

Resolution: Consent Resolution Date: 04/18/2011 Does the order constitute a No final order based on violations of any laws or regulations that prohibit fraudulent, manipulative, or deceptive conduct? Sanctions Ordered: Monetary/Fine $725,449.00 Disgorgement/Restitution Other Sanctions Ordered: Sanction Details: RESPONDENT SHALL PAY TO THE MISSOURI SECRETARY OF STATE'S INVESTOR EDUCATION AND PROTECTION FUND THE SUM OF $325,000 IMMEDIATELY UPON THE EFFECTIVE DATE OF THIS ORDER. RESPONDENT SHALL PAY TO THE MISSOURI SECRETARY OF STATE'S INVESTOR RESTITUTION FUND $350,449, WHICH AMOUNT WILL BE DISTRIBUTED BY THAT FUND TO 30 INVESTORS AS IDENTIFIED BY THE SECURITIES DIVISION. RESPONDENT SHALL PAY $50,000 AS THE COST OF THIS INVESTIGATION. RESPONDENT SHALL PAY ITS OWN COSTS AND ATTORNEYS' FEES WITH RESPECT TO THIS MATTER. i Disclosure 2 of 75 Reporting Source: Regulator

Current Status: Final Allegations: NASD RULES 2110, 6230(A) - A.G. EDWARDS & SONS, INC. FAILED TO REPORT TO THE TRADE REPORTING AND COMPLIANCE ENGINE (TRACE) TRANSACTIONS IN TRACE-ELIGIBLE SECURITIES WITHIN 15 MINUTES OF THE TIME OF EXECUTION. Initiated By: FINRA Date Initiated: 02/11/2009 Docket/Case Number: 2007009063601

Principal Product Type: Other Other Product Type(s): TRACE-ELIGIBLE SECURITIES Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 02/11/2009 Does the order constitute a No final order based on violations of any laws or regulations that prohibit fraudulent, manipulative, or deceptive conduct? Sanctions Ordered: Censure Monetary/Fine $7,500.00 Other Sanctions Ordered: Sanction Details: WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE DESCRIBED SANCTIONS AND TO THE ENTRY OF FINDINGS; THEREFORE, THE FIRM IS CENSURED AND FINED $7,500. i Disclosure 3 of 75 Reporting Source: Regulator Current Status: Final Allegations: MSRB RULES G-23(H), G-27 - A.G. EDWARDS & SONS, INC. FAILED TO DISCLOSE ITS STATUS AS A FINANCIAL ADVISOR TO AN ISSUER OF MUNICIPAL SECURITIES TO PUBLIC CUSTOMERS WHO PURCHASED SECURITIES IN THE ISSUER'S UNDERWRITINGS FROM THE FIRM. THE FIRM ©2021 FINRA. All rights reserved. Report aboutFAILED A. G. TOEDWARDS HAVE &A SONS, REASONABLE INC. SUPERVISORY SYSTEM TO MONITOR ITS 36 COMPLIANCE WITH THE DISCLOSURE REQUIREMENTS IN MSRB RULE G- 23(H). www.finra.org/brokercheck User Guidance MSRB RULES G-23(H), G-27 - A.G. EDWARDS & SONS, INC. FAILED TO DISCLOSE ITS STATUS AS A FINANCIAL ADVISOR TO AN ISSUER OF MUNICIPAL SECURITIES TO PUBLIC CUSTOMERS WHO PURCHASED SECURITIES IN THE ISSUER'S UNDERWRITINGS FROM THE FIRM. THE FIRM FAILED TO HAVE A REASONABLE SUPERVISORY SYSTEM TO MONITOR ITS COMPLIANCE WITH THE DISCLOSURE REQUIREMENTS IN MSRB RULE G- 23(H). Initiated By: FINRA Date Initiated: 07/16/2008 Docket/Case Number: 2007007116901

Principal Product Type: Debt - Municipal Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 07/16/2008 Does the order constitute a No final order based on violations of any laws or regulations that prohibit fraudulent, manipulative, or deceptive conduct? Sanctions Ordered: Censure Monetary/Fine $10,000.00 Other Sanctions Ordered: Sanction Details: WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE DESCRIBED SANCTIONS AND TO THE ENTRY OF FINDINGS; THEREFORE, THE FIRM IS CENSURED AND FINED $10,000. i Disclosure 4 of 75 Reporting Source: Regulator Current Status: Final Allegations: ON OR ABOUT JANUARY 1, 1958, A.G. EDWARDS REGISTERED WITH THE SECURITIES COMMISSIONER AS A SECURITIES DEALER, WHICH IS CURRENTLY EFFECTIVE. A.G. EDWARDS FAILED TO COMPLY WITH THE FIRM'S WRITTEN PROCEDURES BY ALLOWING A THIRD PARTY TO EFFECT THE WITHDRAWALS FROM A CUSTOMER'S ACCOUNT WITHOUT THE REQUIRED DOCUMENTS AS REQUIRED BY A.G. EDWARDS' WRITTEN ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 37 PROCEDURES. A.G. EDWARDS ALSO FAILED TO ENFORCE ITS OWN WRITTEN PROCEDURES. ON OR ABOUT JANUARY 1, 1958, A.G. EDWARDS REGISTERED WITH THE www.finra.org/brokercheck SECURITIES COMMISSIONER AS A SECURITIES DEALER, WHICH IS User Guidance CURRENTLY EFFECTIVE. A.G. EDWARDS FAILED TO COMPLY WITH THE FIRM'S WRITTEN PROCEDURES BY ALLOWING A THIRD PARTY TO EFFECT THE WITHDRAWALS FROM A CUSTOMER'S ACCOUNT WITHOUT THE REQUIRED DOCUMENTS AS REQUIRED BY A.G. EDWARDS' WRITTEN PROCEDURES. A.G. EDWARDS ALSO FAILED TO ENFORCE ITS OWN WRITTEN PROCEDURES. Initiated By: TEXAS Date Initiated: 07/14/2008 Docket/Case Number: IC08-CAF-05 URL for Regulatory Action: Principal Product Type: Other Other Product Type(s): Principal Sanction(s)/Relief Reprimand Sought: Other Sanction(s)/Relief Sought:

Resolution: Order Resolution Date: 07/14/2008 Does the order constitute a No final order based on violations of any laws or regulations that prohibit fraudulent, manipulative, or deceptive conduct? Sanctions Ordered: Monetary/Fine $5,000.00 Other Sanctions Ordered: REPRIMAND Sanction Details: NO OTHER SANCTIONS FOLLOW. i Disclosure 5 of 75 Reporting Source: Regulator Current Status: Final Allegations: SECTION 17(A) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES 17A-3 AND 17A-4; NASD RULES 2110, 3010(A) AND (B) AND 3110; FINRA INCORPORATED NYSE RULE 345(A): BETWEEN 2003 AND 2004, TWO FORMER REGISTERED SECURITIES LENDING REPRESENTATIVES OF EDWARDS FACILITATED IMPROPER STOCK LOAN TRANSACTION WITH COUNTERPARTIES AT ARTIFICIALLY LOW RATES, DIRECTED OR FACILITATED UNWARRANTED PAYMENTS TO FINDERS, AND PARTICIPATED IN TRANSACTIONS THAT SERVED NO LEGITIMATE INTERS OF THE FIRM ©2021 FINRA. All rights reserved. Report aboutBUT A. BENEFITED G. EDWARDS COUNTERPARTIES& SONS, INC. AND FINDERS WHO MADE PAYMENTS 38 BACK TO EDWARDS' REGISTERED STOCK LOAN REPRESENTATIVES. DURING THE RELEVANT PERIOD, EDWARDS LOANED SECURITIES TO, OR BORROWED SECURITIES FROM, FIRMS THAT PAID FINDERS, ALTHOUGH EDWARDS ITSELF DID NOT PAY FINDERS AND HAD A POLICY PROHIBITING PAYMENTS TO FINDERS. REGISTERED REPRESENTATIVE CAUSED EDWARDS TO LEND STOCK TO THESE COUNTERPARTIES AT ARTIFICIALLY LOW RATES WITH THE UNDERSTANDING THAT THESE COUNTERPARTIES WOULD GENERATE PROFITS TO BE PAID TO THE FIRM BY ON-LENDING THE SECURITIES TO OTHER FIRMS AT BETTER RATES. FIRM FAILED TO ESTABLISH A SEPARATE SYSTEM TO FOLLOW UP AND REVIEW TO ENSURE THAT INDIVIDUAL WAS EFFECTIVELY PERFORMING HIS SUPERVISORY RESPONSIBILITIES OR EXERCISING HIS SUPERVISORY AUTHORITY. EDWARDS DID NOT DOCUMENT ANY SUPERVISORY REVIEWS CONDUCTED BY INDIVIDUAL AND IT DID NOT DOCUMENT ANY SUPERVISORY REVIEW OF INDIVIDUAL'S STOCK LOAN TRANSACTIONS. ITS WRITTEN SUPERVISORY PROCEDURES WERE COMBINED WITH OPERATIONAL PROCEDURES AND RELIED ON THE LOANET SYSTEM TO CONDUCT AND SUPERVISE ITS STOCK LOAN DESK BY UTILIZING REPORTS AUTOMATICALLY. THE SUPERVISORY PROCEDURES DID NOT ADDRESS THE STEPS INDIVIDUALS WERE TO TAKE IN REVIEWING LOANET REPORTS. ALLEGATIONS CONTINUE IN COMMENT SECTION. SECTION 17(A) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES 17A-3 AND 17A-4; NASD RULES 2110, 3010(A) AND (B) AND 3110; FINRA INCORPORATED NYSE RULE 345(A): BETWEEN 2003 AND 2004, TWO FORMER REGISTERED SECURITIES LENDING REPRESENTATIVES OF www.finra.org/brokercheck EDWARDS FACILITATED IMPROPER STOCK LOAN TRANSACTION WITH User Guidance COUNTERPARTIES AT ARTIFICIALLY LOW RATES, DIRECTED OR FACILITATED UNWARRANTED PAYMENTS TO FINDERS, AND PARTICIPATED IN TRANSACTIONS THAT SERVED NO LEGITIMATE INTERS OF THE FIRM BUT BENEFITED COUNTERPARTIES AND FINDERS WHO MADE PAYMENTS BACK TO EDWARDS' REGISTERED STOCK LOAN REPRESENTATIVES. DURING THE RELEVANT PERIOD, EDWARDS LOANED SECURITIES TO, OR BORROWED SECURITIES FROM, FIRMS THAT PAID FINDERS, ALTHOUGH EDWARDS ITSELF DID NOT PAY FINDERS AND HAD A POLICY PROHIBITING PAYMENTS TO FINDERS. REGISTERED REPRESENTATIVE CAUSED EDWARDS TO LEND STOCK TO THESE COUNTERPARTIES AT ARTIFICIALLY LOW RATES WITH THE UNDERSTANDING THAT THESE COUNTERPARTIES WOULD GENERATE PROFITS TO BE PAID TO THE FIRM BY ON-LENDING THE SECURITIES TO OTHER FIRMS AT BETTER RATES. FIRM FAILED TO ESTABLISH A SEPARATE SYSTEM TO FOLLOW UP AND REVIEW TO ENSURE THAT INDIVIDUAL WAS EFFECTIVELY PERFORMING HIS SUPERVISORY RESPONSIBILITIES OR EXERCISING HIS SUPERVISORY AUTHORITY. EDWARDS DID NOT DOCUMENT ANY SUPERVISORY REVIEWS CONDUCTED BY INDIVIDUAL AND IT DID NOT DOCUMENT ANY SUPERVISORY REVIEW OF INDIVIDUAL'S STOCK LOAN TRANSACTIONS. ITS WRITTEN SUPERVISORY PROCEDURES WERE COMBINED WITH OPERATIONAL PROCEDURES AND RELIED ON THE LOANET SYSTEM TO CONDUCT AND SUPERVISE ITS STOCK LOAN DESK BY UTILIZING REPORTS AUTOMATICALLY. THE SUPERVISORY PROCEDURES DID NOT ADDRESS THE STEPS INDIVIDUALS WERE TO TAKE IN REVIEWING LOANET REPORTS. ALLEGATIONS CONTINUE IN COMMENT SECTION. Initiated By: FINRA Date Initiated: 06/27/2008 Docket/Case Number: 2007011877401

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 06/27/2008 Does the order constitute a No final order based on violations of any laws or regulations that prohibit fraudulent, manipulative, or deceptive conduct? Sanctions Ordered: Censure ©2021 FINRA. All rights reserved. Report aboutMonetary/Fine A. G. EDWARDS $300,000.00 & SONS, INC. 39 www.finra.org/brokercheck User Guidance

Sanctions Ordered: Censure Monetary/Fine $300,000.00 Other Sanctions Ordered: Sanction Details: WITHOUT ADMITTING OR DENYING THE FINDINGS, RESPONDENT MEMBER FIRM CONSENTED TO THE DESCRIBED SANCTIONS AND TO THE ENTRY OF FINDINGS; THEREFORE, FIRM IS CENSURED AND FINED $300,000. Regulator Statement EWARDS FAILED TO ESTABLISH, MAINTAIN AND ENFORCE A SYSTEM, INCLUDING WRITTEN SUPERVISORY PROCEDURES, TO SUPERVISE ITS SECURITIES LENDING BUSINESS AND REGISTERED SECURITIES LENDING REPRESENTATIVES, IN ORDER TO PREVENT AND DETECT FRAUDULENT STOCK LOAN TRANSACTIONS AND SUPERVISORY SYSTEM REASONABLY DESIGNED TO ACHIEVE COMPLIANCE WITH APPLICABLE SECURITIES LAWS AND REGULATIONS AND FINRA RULES REQUIRES A MEMBER FIRM TO ESTABLISH AND MAINTAIN A SEPARATE SYSTEM OF FOLLOW-UP AND REVIEW TO ENSURE THAT DELEGATED SUPERVISORY AUTHORITY AND RESPONSIBILITY ARE BEING PROPERLY EXERCISED. EDWARDS' WRITTEN SUPERVISORY PROCEDURES DID NOT SATISFY NASD'S MINIMUM PROCEDURAL STANDARDS AS OUTLINED IN NOTICE TO MEMBERS 99-45 BECAUSE THE PROCEDURES DID NOT INCLUDE A DESCRIPTION OF WHAT STOCK LOAN SUPERVISORS WERE TO LOOK FOR IN REVIEWING LOANET AND OTHER SUPERVISORY REPORS, OR THE STEPS TO BE TAKEN IF SUSPICIOUS ACTIVITY WAS DISCOVERED. AS THE RESULT OF SUPERVISORY DEFICIENCIES, EDWARDS FAILED TO DETECT AND PREVENT INDIVIDUALS FROM ENGAGING IN FRAUDULENT SCHEMES TO PARTICIPATE IN LOAN TRANSACTIONS WITH OTHER FIRMS AT RATES THAT WERE INFERIOR TO THE RATES OTHERWISE AVAILABLE TO LENDER IN THE MARKETPLACE, FOR THEIR OWN BENEFIT AND FOR THE BENEFIT OF FAVORED CONTERPARTIES AND FINDERS WHO HAD NOT PERFORMED ANY SERVICES IN THE TRANSACTIONS FOR WHICH THEY WERE PAID. THE FIRM ALSO PERMITTED A REGISTERED STOCK LOAN REPRESENTATIVE, TO SERVE AS ITS SECURITIES LENDING MANAGER DURING THE RELEVANT PERIOD, ALTHOUGH HE HAD NEVER BEEN REGISTERED, APPROVED OR FOUND QUALIFIED BY THE NEW YORK STOCK EXCHANGE. IN ADDITION, EDWARDS FAILED TO RETAIN COPIES OF ALL FACSIMILE TRANSMISSIONS SENT OR RECEIVED BY THE STOCK LOAN DESK. i Disclosure 6 of 75 Reporting Source: Regulator Current Status: Final Allegations: THE FIRM VIOLATED EXCHANGE RULE 320 DURING THE PERIOD FROM AUGUST 2000 THROUGH APRIL 2001, IN THAT THE FIRM FAILED TO ENSURE ADHERENCE TO THE FIRM'S WRITTEN SUPERVISORY PROCEDURES ©2021 FINRA. All rights reserved. Report aboutRELATING A. G. EDWARDS TO THE & SONS,APPROVAL INC. OF THE LEVEL OF OPTIONS TRADING IN A 40 CUSTOMER'S ACCOUNT, AND FAILED TO ENSURE ADHERENCE EXCHANGE RULES 411 AND 922(A)(I). www.finra.org/brokercheck User Guidance

THE FIRM VIOLATED EXCHANGE RULE 320 DURING THE PERIOD FROM AUGUST 2000 THROUGH APRIL 2001, IN THAT THE FIRM FAILED TO ENSURE ADHERENCE TO THE FIRM'S WRITTEN SUPERVISORY PROCEDURES RELATING TO THE APPROVAL OF THE LEVEL OF OPTIONS TRADING IN A CUSTOMER'S ACCOUNT, AND FAILED TO ENSURE ADHERENCE EXCHANGE RULES 411 AND 922(A)(I). Initiated By: AMERICAN STOCK EXCHANGE Date Initiated: 04/12/2005 Docket/Case Number: 05-112

Principal Product Type: Options Other Product Type(s): Principal Sanction(s)/Relief Civil and Administrative Penalt(ies) /Fine(s) Sought: Other Sanction(s)/Relief CENSURE Sought:

Resolution: Stipulation and Consent Resolution Date: 03/19/2008 Does the order constitute a No final order based on violations of any laws or regulations that prohibit fraudulent, manipulative, or deceptive conduct? Sanctions Ordered: Censure Monetary/Fine $5,000.00 Other Sanctions Ordered: N/A Sanction Details: N/A Regulator Statement N/A i Disclosure 7 of 75 Reporting Source: Regulator Current Status: Final Allegations: NASD RULE 2110, NASD INTERPRETATIVE MATERIAL 2110-2 - A.G. EDWARDS & SONS, INC. FAILED TO CONTEMPORANEOUSLY OR PARTIALLY EXECUTE CUSTOMER LIMIT ORDERS IN NASDAQ SECURITIES AFTER IT TRADED EACH SUBJECT SECURITY FOR ITS OWN MARKET-MAKING ACCOUNT AT A PRICE THAT WOULD HAVE SATISFIED EACH CUSTOMER'S LIMIT ORDER. ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 41 NASD RULE 2110, NASD INTERPRETATIVE MATERIAL 2110-2 - A.G. www.finra.org/brokercheck EDWARDS & SONS, INC. FAILED TO CONTEMPORANEOUSLY OR PARTIALLY User Guidance EXECUTE CUSTOMER LIMIT ORDERS IN NASDAQ SECURITIES AFTER IT TRADED EACH SUBJECT SECURITY FOR ITS OWN MARKET-MAKING ACCOUNT AT A PRICE THAT WOULD HAVE SATISFIED EACH CUSTOMER'S LIMIT ORDER. Initiated By: FINRA Date Initiated: 03/19/2008 Docket/Case Number: 20050016478-01

Principal Product Type: Other Other Product Type(s): NASDAQ SECURITIES Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 03/19/2008 Does the order constitute a No final order based on violations of any laws or regulations that prohibit fraudulent, manipulative, or deceptive conduct? Sanctions Ordered: Monetary/Fine $5,000.00 Other Sanctions Ordered: Sanction Details: WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE DESCRIBED SANCTION AND TO THE ENTRY OF FINDINGS; THEREFORE, THE FIRM IS FINED $5,000. i Reporting Source: Firm Current Status: Final Allegations: NASD RULE 2110, NASD INTERPRETATIVE MATERIAL 2110-2 - A.G. EDWARDS & SONS, INC. FAILED TO CONTEMPORANEOUSLY OR PARTIALLY EXECUTE CUSTOMER LIMIT ORDERS IN NASDAQ SECURITIES AFTER IT TRADED EACH SUBJECT SECURITY FOR ITS OWN MARKET-MAKING ACCOUNT AT A PRICE THAT WOULD HAVE SATISFIED EACH CUSTOMER'S LIMIT ORDER. Initiated By: FINRA Date Initiated: 03/19/2008 Docket/Case Number: 20050016478-01 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 42 www.finra.org/brokercheck User Guidance

Docket/Case Number: 20050016478-01

Principal Product Type: Other Other Product Type(s): NASDAQ SECURITIES Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 03/19/2008 Sanctions Ordered: Monetary/Fine $5,000.00 Other Sanctions Ordered: Sanction Details: WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE DESCRIBED SANCTION AND TO THE ENTRY OF FINDINGS; THEREFORE, THE FIRM IS FINED $5,000. i Disclosure 8 of 75 Reporting Source: Regulator Current Status: Final Allegations: NASD RULES 2110, 2440, NASD INTERPRETATIVE MATERIAL-2440, MSRB RULES G-17, G-30(A) - A.G. EDWARDS & SONS, INC. SOLD CORPORATE BONDS TO PUBLIC CUSTOMERS AND FAILED TO SELL SUCH BONDS AT A PRICE THAT WAS FAIR, TAKING INTO CONSIDERATION ALL RELEVANT CIRCUMSTANCES, INCLUDING MARKET CONDITIONS WITH RESPECT TO EACH BOND AT THE TIME OF THE TRANSACTION, THE EXPENSE INVOLVED AND THAT THE FIRM WAS ENTITLED TO A PROFIT. THE FIRM PURCHASED MUNICIPAL SECURITIES FOR ITS OWN ACCOUNT FROM A CUSTOMER AND/OR SOLD MUNICIPAL SECURITIES FOR ITS OWN ACCOUNT TO A CUSTOMER AT AN AGGREGATE PRICE (INCLUDING ANY MARKDOWN OR MARKUP) THAT WAS NOT FAIR AND REASONABLE, TAKING INTO CONSIDERATION ALL RELEVANT FACTORS, INCLUDING THE BEST JUDGMENT OF THE BROKER, DEALER OR MUNICIPAL SECURITIES DEALER AS TO THE FAIR MARKET VALUE OF THE SECURITIES AT THE TIME OF TRANSACTION AND OF ANY SECURITIES EXCHANGED OR TRADED IN CONNECTION WITH THE TRANSACTION, THE EXPENSE INVOLVED IN EFFECTING THE TRANSACTION, THE FACT THAT THE BROKER, DEALER, OR MUNICIPAL SECURITIES DEALER IS ENTITLED TO A PROFIT AND THE TOTAL DOLLAR AMOUNT OF THE TRANSACTION. Initiated By: FINRA ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 43 www.finra.org/brokercheck User Guidance

Initiated By: FINRA Date Initiated: 03/04/2008 Docket/Case Number: 2005000474001

Principal Product Type: Debt - Corporate Other Product Type(s): MUNICIPAL SECURITIES Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 03/04/2008 Does the order constitute a No final order based on violations of any laws or regulations that prohibit fraudulent, manipulative, or deceptive conduct? Sanctions Ordered: Censure Monetary/Fine $10,000.00 Other Sanctions Ordered: Sanction Details: WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE DESCRIBED SANCTIONS AND TO THE ENTRY OF FINDINGS; THEREFORE, THE FIRM IS CENSURED AND FINED $10,000. THE FIRM PREVIOUSLY COMPENSATED ITS CUSTOMERS IN FULL FOR ANY PRICES IT CHARGED CONCERNING THE SUBJECT TRANSACTIONS THAT WERE UNFAIR. i Reporting Source: Firm Current Status: Final Allegations: NASD RULES 2110, 2440, NASD INTERPRETATIVE MATERIAL-2440, MSRB RULES G-17, G-30(A) - A.G. EDWARDS & SONS, INC. SOLD CORPORATE BONDS TO PUBLIC CUSTOMERS AND FAILED TO SELL SUCH BONDS AT A PRICE THAT WAS FAIR, TAKING INTO CONSIDERATION ALL RELEVANT CIRCUMSTANCES, INCLUDING MARKET CONDITIONS WITH RESPECT TO EACH BOND AT THE TIME OF THE TRANSACTION, THE EXPENSE INVOLVED AND THAT THE FIRM WAS ENTITLED TO A PROFIT. THE FIRM PURCHASED MUNICIPAL SECURITIES FOR ITS OWN ACCOUNT FROM A CUSTOMER ©2021 FINRA. All rights reserved. Report aboutAND/OR A. G. EDWARDSSOLD MUNICIPAL & SONS, INC. SECURITIES FOR ITS OWN ACCOUNT TO A 44 CUSTOMER AT AN AGGREGATE PRICE (INCLUDING ANY MARKDOWN OR MARKUP) THAT WAS NOT FAIR AND REASONABLE, TAKING INTO CONSIDERATION ALL RELEVANT FACTORS, INCLUDING THE BEST JUDGMENT OF THE BROKER, DEALER OR MUNICIPAL SECURITIES DEALER AS TO THE FAIR MARKET VALUE OF THE SECURITIES AT THE TIME OF TRANSACTION AND OF ANY SECURITIES EXCHANGED OR TRADED IN CONNECTION WITH THE TRANSACTION, THE EXPENSE INVOLVED IN EFFECTING THE TRANSACTION, THE FACT THAT THE BROKER, DEALER, OR MUNICIPAL SECURITIES DEALER IS ENTITLED TO A PROFIT AND THE TOTAL DOLLAR AMOUNT OF THE TRANSACTION. NASD RULES 2110, 2440, NASD INTERPRETATIVE MATERIAL-2440, MSRB RULES G-17, G-30(A) - A.G. EDWARDS & SONS, INC. SOLD CORPORATE BONDS TO PUBLIC CUSTOMERS AND FAILED TO SELL SUCH BONDS AT A www.finra.org/brokercheck PRICE THAT WAS FAIR, TAKING INTO CONSIDERATION ALL RELEVANT User Guidance CIRCUMSTANCES, INCLUDING MARKET CONDITIONS WITH RESPECT TO EACH BOND AT THE TIME OF THE TRANSACTION, THE EXPENSE INVOLVED AND THAT THE FIRM WAS ENTITLED TO A PROFIT. THE FIRM PURCHASED MUNICIPAL SECURITIES FOR ITS OWN ACCOUNT FROM A CUSTOMER AND/OR SOLD MUNICIPAL SECURITIES FOR ITS OWN ACCOUNT TO A CUSTOMER AT AN AGGREGATE PRICE (INCLUDING ANY MARKDOWN OR MARKUP) THAT WAS NOT FAIR AND REASONABLE, TAKING INTO CONSIDERATION ALL RELEVANT FACTORS, INCLUDING THE BEST JUDGMENT OF THE BROKER, DEALER OR MUNICIPAL SECURITIES DEALER AS TO THE FAIR MARKET VALUE OF THE SECURITIES AT THE TIME OF TRANSACTION AND OF ANY SECURITIES EXCHANGED OR TRADED IN CONNECTION WITH THE TRANSACTION, THE EXPENSE INVOLVED IN EFFECTING THE TRANSACTION, THE FACT THAT THE BROKER, DEALER, OR MUNICIPAL SECURITIES DEALER IS ENTITLED TO A PROFIT AND THE TOTAL DOLLAR AMOUNT OF THE TRANSACTION. Initiated By: FINRA Date Initiated: 03/04/2008 Docket/Case Number: 20050004710-01

Principal Product Type: Debt - Corporate Other Product Type(s): MUNICIPAL SECURITIES Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 03/04/2008 Sanctions Ordered: Censure Monetary/Fine $10,000.00 Other Sanctions Ordered: Sanction Details: WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE DESCRIBED SANCTIONS AND TO THE ENTRY OF FINDINGS; THEREFORE, THE FIRM IS CENSURED AND FINED $10,000. THE FIRM PREVIOUSLY COMPENSATED ITS CUSTOMERS IN FULL FOR ANY PRICES IT CHARGED CONCERNING THE SUBJECT TRANSACTIONS. i Disclosure 9 of 75 Reporting Source: Regulator Current Status: Final Allegations: AGE FAILED TO EXERCISE REASONABLE SUPERVISION OVER REGISTERED REPRESENTATIVE HOWARD "BUCK" MCHUGH AND ©2021 FINRA. All rights reserved. Report aboutPERMITTED A. G. EDWARDS MCHUGH & SONS, TO INC. COLD-CALL RETIREES, TRADE IN CLIENT 45 ACCOUNTS WITHOUT AUTHORIZATION. MCHUGH ENGAGED IN CHURNING, DAY-TRADING AND FREE-RIDING IN SUCH ACCOUNTS. AGE FAILED TO FORMALLY DISCIPLINE MCHUGH, PERMITTING HIM TO SWITCH BRANCHES MULTIPLE TIMES AND NOT INFORMING SUBSEQUENT MANAGERS OF MCHUGH'S PRIOR ACTS. www.finra.org/brokercheck User Guidance

Allegations: AGE FAILED TO EXERCISE REASONABLE SUPERVISION OVER REGISTERED REPRESENTATIVE HOWARD "BUCK" MCHUGH AND PERMITTED MCHUGH TO COLD-CALL RETIREES, TRADE IN CLIENT ACCOUNTS WITHOUT AUTHORIZATION. MCHUGH ENGAGED IN CHURNING, DAY-TRADING AND FREE-RIDING IN SUCH ACCOUNTS. AGE FAILED TO FORMALLY DISCIPLINE MCHUGH, PERMITTING HIM TO SWITCH BRANCHES MULTIPLE TIMES AND NOT INFORMING SUBSEQUENT MANAGERS OF MCHUGH'S PRIOR ACTS. Initiated By: MASSACHUSETTS Date Initiated: 12/05/2007 Docket/Case Number: E-2005-0001 URL for Regulatory Action: Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Civil and Administrative Penalt(ies) /Fine(s) Sought: Other Sanction(s)/Relief CEASE & DESIST; CENSURE; COMPENSATION TO INVESTORS FOR LOSSES Sought: AS A RESULT OF THE ALLEGED WRONGDOING; INVESTIGATORY COSTS; ANY SUCH FURTHER ACTION DEEMED JUST AND APPROPRIATE FOR THE PROTECTION OF INVESTORS

Resolution: Consent Resolution Date: 11/28/2008 Does the order constitute a No final order based on violations of any laws or regulations that prohibit fraudulent, manipulative, or deceptive conduct? Sanctions Ordered: Censure Disgorgement/Restitution Cease and Desist/Injunction Other Sanctions Ordered: ACCOUNTING. Sanction Details: RESTITUTION TO ALL INVESTORS LISTED IN CONSENT ORDER, EXHIBIT 1. i Reporting Source: Firm Current Status: Pending Allegations: AGE FAILED TO EXERCISE REASONABLE SUPERVISION OVER ©2021 FINRA. All rights reserved. Report aboutREGISTERED A. G. EDWARDS REPRESENTATIVE & SONS, INC. HOWARD "BUCK" MCHUGH AND 46 PERMITTED MCHUGH TO COLD-CALL RETIREES, TRADE IN CLIENT ACCOUNTS WITHOUT AUTHORIZATION. MCHUGH ENGAGED IN CHURNING, DAY-TRADING AND FREE-RIDING IN SUCH ACCOUNTS. AGE FAILED TO FORMALLY DISCIPLINE MCHUGH, PERMITTING HIM TO SWITCH BRANCHES MULTIPLE TIMES AND NOT INFORMING SUBSEQUENT MANAGERS OF MCHUGH'S PRIOR ACTS. www.finra.org/brokercheck User Guidance

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Civil and Administrative Penalt(ies) /Fine(s) Sought: Other Sanction(s)/Relief CEASE & DESIST; CENSURE; COMPENSATION TO INVESTORS FOR LOSSES Sought: AS A RESULT OF THE ALLEGED WRONGDOING; INVESTIGATORY COSTS; ANY SUCH FURTHER ACTION DEEMED JUST AND APPROPRIATE FOR THE PROTECTION OF INVESTORS i Disclosure 10 of 75 Reporting Source: Firm Current Status: Final Allegations: ALLEGED THAT CERTAIN REGISTERED REPRESENTATIVES IN THE AUGUSTA, GEORGIA AND SUMTER, SOUTH CAROLINA, BRANCH OFFICES OF A.G. EDWARDS HAD ENGAGED IN ACTS OR PRACTICES CONSTITUTING VIOLATIONS OF THE ACT. Initiated By: STATE OF SOUTH CAROLINA Date Initiated: 09/02/2005 Docket/Case Number: FILE NUMBER 03049

Principal Product Type: Other Other Product Type(s): Principal Sanction(s)/Relief Civil and Administrative Penalt(ies) /Fine(s) Sought: Other Sanction(s)/Relief CONSENT ORDER Sought:

Resolution: Order Resolution Date: 08/22/2007 Sanctions Ordered: Monetary/Fine $540,000.00 Other Sanctions Ordered: Sanction Details: A.G. EDWARDS SHALL PAY $35,000 TO THE DIVISION AS REIMBURSEMENT OF A PORTION OF THE DIVISION'S INVESTIGATIVE COSTS INCURRED. A.G. EDWARDS SHALL PAY AN ADMINISTRATIVE FINE IN THE AMOUNT OF $540,000 TO BE PAID AS FOLLOWS: ONE-THIRD BY SEPTEMBER 1, 2007, ONE-THIRD BY SEPTEMBER 1, 2008, AND THE REMAINING ONE-THIRD BY SEPTEMBER 1, 2009. Firm Statement FROM 1996 THROUGH 2001 IN THE AUGUSTA, GEORGIA BRANCH AND FROM 1990 THROUGH 2003 IN THE SUMTER, SOUTH CAROLINA BRANCH, A.G. EDWARDS VIOLATED THE ACT BY ALLOWING ONE OR MORE OF ITS REGISTERED REPRESENTATIVES TO (1)INCORRECTLY COMPLETE NEW ACCOUNT DOCUMENTATION, (2)MAKE UNSUITABLE RECOMMENDATIONS, (3)EXECUTE UNAUTHORIZED TRANSACTIONS, (4)OTHERWISE VIOLATE THE ACT, (5)BY FAILING TO SUPERVISE ITS REGISTERED REPRESENTATIVES IN VIOLATION OF S.C. CODE OF REGULATIONS 113-25 A(3),A(4),A(21), AND ARTICLE III, SECTIONS 1,2(A),19(A), NASD RULES OF FAIR PRACTICE. i Disclosure 11 of 75 Reporting Source: Regulator Current Status: Final Allegations: ORDER OF DISMISSAL PURSUANT TO SETTLEMENT AGREEMENT. WACHOVIA SECURITIES, LLC PAID A $50,000 MONETARY AMOUNT AND AGREED TO TAKE CERTAIN REMEDIAL MEASURES. THE MATTER WAS SETTLED WITHOUT ANY SANCTIONS AGAINST MS. WIEGAND. Initiated By: ILLINOIS Date Initiated: 05/18/2007 Docket/Case Number: 0600669 URL for Regulatory Action: Principal Product Type: Equity Listed (Common & Preferred Stock) Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief NOTICE OF HEARING ©2021Sought: FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 48 1) REVOCATION OR SUSPENSION OF SALESPERSON AND/OR DEALER REGISTRATION

2) ORDER OF PROHIBITION AGAINST OFFER AND SALE OF SECURITIES

3) $10,000 FINE PER VIOLATION www.finra.org/brokercheck User Guidance

Other Sanction(s)/Relief NOTICE OF HEARING Sought: 1) REVOCATION OR SUSPENSION OF SALESPERSON AND/OR DEALER REGISTRATION

2) ORDER OF PROHIBITION AGAINST OFFER AND SALE OF SECURITIES

3) $10,000 FINE PER VIOLATION

Resolution: Order Resolution Date: 06/18/2009 Does the order constitute a No final order based on violations of any laws or regulations that prohibit fraudulent, manipulative, or deceptive conduct? Sanctions Ordered: Monetary/Fine $50,000.00 Other Sanctions Ordered: UNDER TOOK CHANGES TO TRAINING AND COMPLIANCE RELATED TO PROHIBITED TRANSACTIONS UNDER ERISA Sanction Details: ORDER OF DISMISSAL Regulator Statement NOTICE OF HEARING WAS ISSUED MAY 18, 2007. AMENDED NOTICE OF HEARING WAS ISSUED OCTOBER 10, 2007. SECOND AMENDED NOTICE OF HEARING WAS ISSUED JANUARY 4, 2008. THE HEARING IS SCHEDULED FOR APRIL 15, 2008. ORDER OF DISMISSAL WAS ISSUED JUNE 18, 2009. CONTACT (217) 785-4947 i Reporting Source: Firm Current Status: Pending Allegations: FAILURE TO SUPERVISE DECEPTIVE OR FRAUDULENT SECURITIES TRANSACTIONS. **AMENDED NOTICE OF HEARING SECURITIES FRAUD. ALLEGATIONS ADDED 1/4/2008 - AMENDED NOTICE OF HEARING SECURITIES FRAUD 1) SUZANNE WIEGAND ENGAGED IN FRAUDULENT AND/OR DECEPTIVE SECURITIES TRANSACTIONS BY ACTING AS THE SALESPERSON OR INVESTMENT ADVISOR REP FOR SEVERAL PENSION FUND ACCOUNTS FOR WHICH HER FATHER WAS THE TRUSTEE AND WHO DIRECTED TRANSACTIONS TO HER ACCOUNT FOR PURPOSES OF GENERALING COMMISSION 2) A.G. EDWARDS (NOT KNOW AS WACHOVIA SECURITIES, LLC) KNEW OR SHOULD HAVE KNOWN OF THE ABOVE ACTIVITIES AND FAILED TO TAKE REASONABLE SUPERVISORY STEPS TO ©2021 FINRA. All rights reserved. Report aboutPREVENT A. G. EDWARDS OR STOP & SONS, THE INC. ILLEGAL ACTIVITIES 49 FAILURE TO SUPERVISE DECEPTIVE OR FRAUDULENT SECURITIES TRANSACTIONS. **AMENDED NOTICE OF HEARING SECURITIES FRAUD. ALLEGATIONS ADDED 1/4/2008 - AMENDED NOTICE OF HEARING SECURITIES FRAUD 1) SUZANNE WIEGAND ENGAGED IN FRAUDULENT AND/OR DECEPTIVE SECURITIES TRANSACTIONS BY ACTING AS THE SALESPERSON OR INVESTMENT ADVISOR REP FOR SEVERAL PENSION www.finra.org/brokercheck FUND ACCOUNTS FOR WHICH HER FATHER WAS THE TRUSTEE AND WHO User Guidance DIRECTED TRANSACTIONS TO HER ACCOUNT FOR PURPOSES OF GENERALING COMMISSION 2) A.G. EDWARDS (NOT KNOW AS WACHOVIA SECURITIES, LLC) KNEW OR SHOULD HAVE KNOWN OF THE ABOVE ACTIVITIES AND FAILED TO TAKE REASONABLE SUPERVISORY STEPS TO PREVENT OR STOP THE ILLEGAL ACTIVITIES Initiated By: STATE OF ILLINOIS Date Initiated: 05/18/2007 Docket/Case Number: 0600669

Principal Product Type: Equity Listed (Common & Preferred Stock) Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief NOTICE OF HEARING 1)REVOCATION OR SUSPENSION OF SALESPERSON Sought: AND/OR DEALER REGISTRATION 2) ORDER OF PROHIBITION AGAINST OFFER AND SALE OF SECURITIES 3)10,000 FINE PER VIOLATION.

Firm Statement NOTICE OF HEARING WAS ISSUED MAY 18, 2007. AMENDED NOTICE OF HEARING WAS ISSUED OCTOBER 10, 2007. SECOND AMENDED NOTICE OF HEARING WAS ISSUED JANUARY 4, 2008. THE HEARING IS SCHEDULED FOR APRIL 15, 2008. CONTACT (217) 785-4947 i Disclosure 12 of 75 Reporting Source: Regulator Current Status: Final Allegations: SEC ADMINISTRATIVE PROCEEDING RELEASE NO. 34-55692, MAY 2, 2007; BETWEEN AT LEAST JANUARY 2001 AND SEPTEMBER 2003, A.G. EDWARDS & SONS, INC. ("AG EDWARDS" OR "RESPONDENT") FAILED REASONABLY TO SUPERVISE CERTAIN OF ITS REGISTERED "FINANCIAL CONSULTANTS" ("FCS") WITH A VIEW TO PREVENTING THEIR VIOLATIONS OF THE FEDERAL SECURITIES LAWS. DURING THE RELEVANT TIME PERIOD, REGISTERED FCS IN SEVERAL OF AG EDWARDS' BRANCH OFFICES ENGAGED IN ILLEGAL MARKET TIMING SCHEMES ON BEHALF OF CUSTOMERS, INCLUDING SEVERAL LARGE HEDGE FUNDS.2 THESE FCS DEFRAUDED OVER 200 MUTUAL FUNDS FROM APPROXIMATELY 50 DIFFERENT MUTUAL FUND COMPANIES AND THEIR SHAREHOLDERS BY ENGAGING IN DECEPTIVE PRACTICES DESIGNED TO CIRCUMVENT RESTRICTIONS THAT THE MUTUAL FUNDS IMPOSED ON MARKET TIMING. THROUGH THESE ACTIVITIES THE FCS VIOLATED THE ANTIFRAUD PROVISIONS OF THE FEDERAL SECURITIES LAWS. AG EDWARDS FAILED REASONABLY TO SUPERVISE ITS FCS WITH A VIEW TO DETECTING AND PREVENTING THEIR ILLEGAL MARKET TIMING SCHEMES. AG EDWARDS FAILED TO ADOPT REASONABLE POLICIES, PROCEDURES OR SYSTEMS TO MONITOR MARKET TIMING IN ORDER TO DETECT AND PREVENT ITS ©2021 FINRA. All rights reserved. Report aboutFCS' A. MISCONDUCT. G. EDWARDS & SONS, IN PARTICULAR, INC. AG EDWARDS FAILED TO DEVELOP 50 REASONABLE POLICIES, PROCEDURES OR SYSTEMS FOR MONITORING AND RESPONDING TO RED FLAGS INDICATING THAT ITS FCS WERE USING DECEPTIVE PRACTICES. IN ADDITION, AG EDWARDS FAILED TO IMPLEMENT REASONABLE POLICIES, PROCEDURES OR SYSTEMS TO MONITOR WHETHER ITS FCS DISCONTINUED THEIR ABUSIVE TRADING IN RESPONSE TO REQUESTS BY MUTUAL FUND COMPANIES. AS A RESULT OF THE CONDUCT DESCRIBED ABOVE, CERTAIN OF AG EDWARDS' FCS WILLFULLY VIOLATED SECTION 17(A) OF THE SECURITIES ACT, SECTION 10(B) OF THE EXCHANGE ACT AND RULE 10B-5 THEREUNDER WHICH PROHIBIT FRAUDULENT CONDUCT IN CONNECTION WITH THE OFFER, PURCHASE OR SALE OF SECURITIES. AG EDWARDS ALSO FAILED REASONABLY TO SUPERVISE ITS FCS WITH A VIEW TO PREVENTING THEIR WILLFUL VIOLATIONS OF THE FEDERAL SECURITIES LAWS. SEC ADMINISTRATIVE PROCEEDING RELEASE NO. 34-55692, MAY 2, 2007; BETWEEN AT LEAST JANUARY 2001 AND SEPTEMBER 2003, A.G. EDWARDS & SONS, INC. ("AG EDWARDS" OR "RESPONDENT") FAILED REASONABLY TO SUPERVISE CERTAIN OF ITS REGISTERED "FINANCIAL CONSULTANTS" ("FCS") WITH A VIEW TO PREVENTING THEIR VIOLATIONS OF THE FEDERAL SECURITIES LAWS. DURING THE RELEVANT TIME PERIOD, REGISTERED FCS IN SEVERAL OF AG EDWARDS' BRANCH OFFICES ENGAGED IN ILLEGAL MARKET TIMING SCHEMES ON BEHALF OF CUSTOMERS, INCLUDING SEVERAL LARGE HEDGE FUNDS.2 THESE FCS DEFRAUDED OVER 200 MUTUAL FUNDS FROM APPROXIMATELY 50 DIFFERENT MUTUAL FUND COMPANIES AND THEIR SHAREHOLDERS BY ENGAGING IN DECEPTIVE PRACTICES DESIGNED TO CIRCUMVENT RESTRICTIONS THAT THE MUTUAL FUNDS IMPOSED ON MARKET TIMING. THROUGH THESE ACTIVITIES THE FCS VIOLATED THE ANTIFRAUD www.finra.org/brokercheck PROVISIONS OF THE FEDERAL SECURITIES LAWS. AG EDWARDS FAILED User Guidance REASONABLY TO SUPERVISE ITS FCS WITH A VIEW TO DETECTING AND PREVENTING THEIR ILLEGAL MARKET TIMING SCHEMES. AG EDWARDS FAILED TO ADOPT REASONABLE POLICIES, PROCEDURES OR SYSTEMS TO MONITOR MARKET TIMING IN ORDER TO DETECT AND PREVENT ITS FCS' MISCONDUCT. IN PARTICULAR, AG EDWARDS FAILED TO DEVELOP REASONABLE POLICIES, PROCEDURES OR SYSTEMS FOR MONITORING AND RESPONDING TO RED FLAGS INDICATING THAT ITS FCS WERE USING DECEPTIVE PRACTICES. IN ADDITION, AG EDWARDS FAILED TO IMPLEMENT REASONABLE POLICIES, PROCEDURES OR SYSTEMS TO MONITOR WHETHER ITS FCS DISCONTINUED THEIR ABUSIVE TRADING IN RESPONSE TO REQUESTS BY MUTUAL FUND COMPANIES. AS A RESULT OF THE CONDUCT DESCRIBED ABOVE, CERTAIN OF AG EDWARDS' FCS WILLFULLY VIOLATED SECTION 17(A) OF THE SECURITIES ACT, SECTION 10(B) OF THE EXCHANGE ACT AND RULE 10B-5 THEREUNDER WHICH PROHIBIT FRAUDULENT CONDUCT IN CONNECTION WITH THE OFFER, PURCHASE OR SALE OF SECURITIES. AG EDWARDS ALSO FAILED REASONABLY TO SUPERVISE ITS FCS WITH A VIEW TO PREVENTING THEIR WILLFUL VIOLATIONS OF THE FEDERAL SECURITIES LAWS. Initiated By: UNITED STATES SECURITIES AND EXCHANGE COMMISSION Date Initiated: 05/02/2007 Docket/Case Number: FILE NO. 3-12624

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Order Resolution Date: 05/02/2007 Does the order constitute a No final order based on violations of any laws or regulations that prohibit fraudulent, manipulative, or deceptive conduct? Sanctions Ordered: Censure Monetary/Fine $1,500,000.00 Disgorgement/Restitution Other Sanctions Ordered: UNDERTAKINGS Sanction Details: RESPONDENT HAS SUBMITTED AN OFFER OF SETTLEMENT WITHOUT ADMITTING OR DENYING THE FINDINGS, RESPONDENT CONSENTS TO THE ENTRY OF THIS ORDER INSTITUTING ADMINISTRATIVE PROCEEDINGS, ©2021 FINRA. All rights reserved. Report aboutMAKING A. G. EDWARDSFINDINGS, & SONS, AND INC.IMPOSING REMEDIAL SANCTIONS. ACCORDINGLY, 51 PURSUANT TO SECTION 15(B) OF THE EXCHANGE ACT, IT IS ORDERED THAT: AG EDWARDS IS CENSURED. IT IS FURTHER ORDERED THAT: AG EDWARDS SHALL, WITHIN 30 DAYS OF THE ENTRY OF THIS ORDER, PAY DISGORGEMENT OF $1,930,000, PREJUDGMENT INTEREST OF $430,000 AND A CIVIL MONEY PENALTY OF $1,500,000, FOR A TOTAL PAYMENT OF $3,860,000. AG EDWARDS UNDERTAKES THE FOLLOWING: AG EDWARDS SHALL RETAIN, WITHIN 60 DAYS OF THE DATE OF ENTRY OF THIS ORDER, THE SERVICES OF AN INDEPENDENT CONSULTANT NOT UNACCEPTABLE TO THE STAFF OF THE COMMISSION. AG EDWARDS SHALL EXCLUSIVELY BEAR ALL COSTS, INCLUDING COMPENSATION AND EXPENSES, ASSOCIATED WITH THE RETENTION OF THE INDEPENDENT CONSULTANT. www.finra.org/brokercheck User Guidance

RESPONDENT HAS SUBMITTED AN OFFER OF SETTLEMENT WITHOUT ADMITTING OR DENYING THE FINDINGS, RESPONDENT CONSENTS TO THE ENTRY OF THIS ORDER INSTITUTING ADMINISTRATIVE PROCEEDINGS, MAKING FINDINGS, AND IMPOSING REMEDIAL SANCTIONS. ACCORDINGLY, PURSUANT TO SECTION 15(B) OF THE EXCHANGE ACT, IT IS ORDERED THAT: AG EDWARDS IS CENSURED. IT IS FURTHER ORDERED THAT: AG EDWARDS SHALL, WITHIN 30 DAYS OF THE ENTRY OF THIS ORDER, PAY DISGORGEMENT OF $1,930,000, PREJUDGMENT INTEREST OF $430,000 AND A CIVIL MONEY PENALTY OF $1,500,000, FOR A TOTAL PAYMENT OF $3,860,000. AG EDWARDS UNDERTAKES THE FOLLOWING: AG EDWARDS SHALL RETAIN, WITHIN 60 DAYS OF THE DATE OF ENTRY OF THIS ORDER, THE SERVICES OF AN INDEPENDENT CONSULTANT NOT UNACCEPTABLE TO THE STAFF OF THE COMMISSION. AG EDWARDS SHALL EXCLUSIVELY BEAR ALL COSTS, INCLUDING COMPENSATION AND EXPENSES, ASSOCIATED WITH THE RETENTION OF THE INDEPENDENT CONSULTANT. i Reporting Source: Firm Current Status: Final Allegations: SEC ADMINISTRATIVE PROCEEDING RELEASE NO. 34-55692, MAY 2, 2007; BETWEEN AT LEAST JANUARY 2001 AND SEPTEMBER 2003, A.G. EDWARDS & SONS, INC. ("AG EDWARDS" OR "RESPONDENT") FAILED REASONABLY TO SUPERVISE CERTAIN OF ITS REGISTERED "FINANCIAL CONSULTANTS" ("FCS") WITH A VIEW TO PREVENTING THEIR VIOLATIONS OF THE FEDERAL SECURITIES LAWS. DURING THE RELEVANT TIME PERIOD, REGISTERED FCS IN SEVERAL OF AG EDWARDS' BRANCH OFFICES ENGAGED IN ILLEGAL MARKET TIMING SCHEMES ON BEHALF OF CUSTOMERS, INCLUDING SEVERAL LARGE HEDGE FUNDS.2 THESE FCS DEFRAUDED OVER 200 MUTUAL FUNDS FROM APPROXIMATELY 50 DIFFERENT MUTUAL FUND COMPANIES AND THEIR SHAREHOLDERS BY ENGAGING IN DECEPTIVE PRACTICES DESIGNED TO CIRCUMVENT RESTRICTIONS THAT THE MUTUAL FUNDS IMPOSED ON MARKET TIMING. THROUGH THESE ACTIVITIES THE FCS VIOLATED THE ANTIFRAUD PROVISIONS OF THE FEDERAL SECURITIES LAWS. AG EDWARDS FAILED REASONABLY TO SUPERVISE ITS FCS WITH A VIEW TO DETECTING AND PREVENTING THEIR ILLEGAL MARKET TIMING SCHEMES. AG EDWARDS FAILED TO ADOPT REASONABLE POLICIES, PROCEDURES OR SYSTEMS TO MONITOR MARKET TIMING IN ORDER TO DETECT AND PREVENT ITS FCS' MISCONDUCT. IN PARTICULAR, AG EDWARDS FAILED TO DEVELOP REASONABLE POLICIES, PROCEDURES OR SYSTEMS FOR MONITORING AND RESPONDING TO RED FLAGS INDICATING THAT ITS FCS WERE USING DECEPTIVE PRACTICES. IN ADDITION, AG EDWARDS FAILED TO IMPLEMENT REASONABLE POLICIES, PROCEDURES OR SYSTEMS TO MONITOR WHETHER ITS FCS DISCONTINUED THEIR ABUSIVE TRADING IN RESPONSE TO REQUESTS BY MUTUAL FUND COMPANIES. AS A RESULT OF THE CONDUCT DESCRIBED ABOVE, CERTAIN OF AG EDWARDS' FCS WILLFULLY VIOLATED SECTION 17(A) OF THE SECURITIES ACT, SECTION ©2021 FINRA. All rights reserved. Report about10(B) A. OFG. EDWARDS THE EXCHANGE & SONS, INC. ACT AND RULE 10B-5 THEREUNDER WHICH 52 PROHIBIT FRAUDULENT CONDUCT IN CONNECTION WITH THE OFFER, PURCHASE OR SALE OF SECURITIES. AG EDWARDS ALSO FAILED REASONABLY TO SUPERVISE ITS FCS WITH A VIEW TO PREVENTING THEIR WILLFUL VIOLATIONS OF THE FEDERAL SECURITIES LAWS. SEC ADMINISTRATIVE PROCEEDING RELEASE NO. 34-55692, MAY 2, 2007; BETWEEN AT LEAST JANUARY 2001 AND SEPTEMBER 2003, A.G. EDWARDS & SONS, INC. ("AG EDWARDS" OR "RESPONDENT") FAILED REASONABLY TO SUPERVISE CERTAIN OF ITS REGISTERED "FINANCIAL CONSULTANTS" ("FCS") WITH A VIEW TO PREVENTING THEIR VIOLATIONS OF THE FEDERAL SECURITIES LAWS. DURING THE RELEVANT TIME PERIOD, REGISTERED FCS IN SEVERAL OF AG EDWARDS' BRANCH OFFICES ENGAGED IN ILLEGAL MARKET TIMING SCHEMES ON BEHALF OF CUSTOMERS, INCLUDING SEVERAL LARGE HEDGE FUNDS.2 THESE FCS DEFRAUDED OVER 200 MUTUAL FUNDS FROM APPROXIMATELY 50 DIFFERENT MUTUAL FUND COMPANIES AND THEIR SHAREHOLDERS BY ENGAGING IN DECEPTIVE PRACTICES DESIGNED TO CIRCUMVENT RESTRICTIONS THAT THE MUTUAL FUNDS IMPOSED ON MARKET TIMING. THROUGH THESE ACTIVITIES THE FCS VIOLATED THE ANTIFRAUD PROVISIONS OF THE FEDERAL SECURITIES LAWS. AG EDWARDS FAILED REASONABLY TO SUPERVISE ITS FCS WITH A VIEW TO DETECTING AND PREVENTING THEIR ILLEGAL MARKET TIMING SCHEMES. AG EDWARDS FAILED TO ADOPT REASONABLE POLICIES, PROCEDURES OR SYSTEMS TO MONITOR MARKET TIMING IN ORDER TO DETECT AND PREVENT ITS FCS' MISCONDUCT. IN PARTICULAR, AG EDWARDS FAILED TO DEVELOP REASONABLE POLICIES, PROCEDURES OR SYSTEMS FOR MONITORING AND RESPONDING TO RED FLAGS INDICATING THAT ITS FCS WERE USING DECEPTIVE PRACTICES. IN ADDITION, AG EDWARDS FAILED TO www.finra.org/brokercheck IMPLEMENT REASONABLE POLICIES, PROCEDURES OR SYSTEMS TO User Guidance MONITOR WHETHER ITS FCS DISCONTINUED THEIR ABUSIVE TRADING IN RESPONSE TO REQUESTS BY MUTUAL FUND COMPANIES. AS A RESULT OF THE CONDUCT DESCRIBED ABOVE, CERTAIN OF AG EDWARDS' FCS WILLFULLY VIOLATED SECTION 17(A) OF THE SECURITIES ACT, SECTION 10(B) OF THE EXCHANGE ACT AND RULE 10B-5 THEREUNDER WHICH PROHIBIT FRAUDULENT CONDUCT IN CONNECTION WITH THE OFFER, PURCHASE OR SALE OF SECURITIES. AG EDWARDS ALSO FAILED REASONABLY TO SUPERVISE ITS FCS WITH A VIEW TO PREVENTING THEIR WILLFUL VIOLATIONS OF THE FEDERAL SECURITIES LAWS. Initiated By: UNITED STATES SECURITIES AND EXCHANGE COMMISSION Date Initiated: 05/02/2007 Docket/Case Number: FILE NO. 3-12624

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Order Resolution Date: 05/02/2007 Sanctions Ordered: Censure Monetary/Fine $1,500,000.00 Disgorgement/Restitution Other Sanctions Ordered: UNDERTAKINGS Sanction Details: RESPONDENT HAS SUBMITTED AN OFFER OF SETTLEMENT WITHOUT ADMITTING OR DENYING THE FINDINGS, RESPONDENT CONSENTS TO THE ENTRY OF THIS ORDER INSTITUTING ADMINISTRATIVE PROCEEDINGS, MAKING FINDINGS, AND IMPOSING REMEDIAL SANCTIONS. ACCORDINGLY, PURSUANT TO SECTION 15(B) OF THE EXCHANGE ACT, IT IS ORDERED THAT: AG EDWARDS IS CENSURED. IT IS FURTHER ORDERED THAT: AG EDWARDS SHALL, WITHIN 30 DAYS OF THE ENTRY OF THIS ORDER, PAY DISGORGEMENT OF $1,930,000, PREJUDGMENT INTEREST OF $430,000 AND A CIVIL MONEY PENALTY OF $1,500,000, FOR A TOTAL PAYMENT OF $3,860,000. AG EDWARDS UNDERTAKES THE FOLLOWING: AG EDWARDS SHALL RETAIN, WITHIN 60 DAYS OF THE DATE OF ENTRY OF THIS ORDER, THE SERVICES OF AN INDEPENDENT CONSULTANT NOT UNACCEPTABLE TO THE STAFF OF THE COMMISSION. AG EDWARDS SHALL EXCLUSIVELY BEAR ALL COSTS, INCLUDING COMPENSATION AND EXPENSES, ASSOCIATED WITH THE RETENTION OF THE INDEPENDENT CONSULTANT. i Disclosure 13 of 75 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 53 www.finra.org/brokercheck User Guidance

Disclosure 13 of 75 Reporting Source: Regulator Current Status: Final Allegations: NASD RULES 2110, 2320, 6130(D) - IN TRANSACTIONS FOR OR WITH A PUBLIC CUSTOMER, THE FIRM FAILED TO USE REASONABLE DILIGENCE TO ASCERTAIN THE BEST INTER-DEALER MARKET AND FAILED TO BUY OR SELL IN SUCH MARKET SO THAT THE RESULTANT PRICE TO ITS CUSTOMER WAS AS FAVORABLE AS POSSIBLE UNDER PREVAILING MARKET CONDITIONS. THE FINDINGS STATED THAT THE FIRM FAILED TO REPORT TO THE NASDAQ MARKET CENTER (NMC) THE CORRECT SYMBOL INDICATING WHETHER THE TRANSACTION WAS A BUY, SELL, SELL SHORT, SELL SHORT EXEMPT OR CROSS FOR TRANSACTIONS IN ELIGIBLE SECURITIES. Initiated By: NASD Date Initiated: 04/10/2007 Docket/Case Number: 2005001027001

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 04/10/2007 Does the order constitute a No final order based on violations of any laws or regulations that prohibit fraudulent, manipulative, or deceptive conduct? Sanctions Ordered: Censure Monetary/Fine $17,500.00 Other Sanctions Ordered: Sanction Details: WITHOUT ADMITTING OR DENYING THE FINDINGS, A. G. EDWARDS & SONS, INC., CONSENTED TO THE DESCRIBED SANCTIONS AND TO THE ENTRY OF FINDINGS, THEREFORE, THE FIRM IS CENSURED AND FINED $17,500. ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 54 www.finra.org/brokercheck User Guidance

i Reporting Source: Firm Current Status: Final Allegations: NASD RULES 2110, 2320, 6130(D) - IN TRANSACTIONS FOR OR WITH A PUBLIC CUSTOMER IN EXCHANGE-LISTED PREFERRED STOCK, THE FIRM FAILED TO USE REASONABLE DILIGENCE TO ASCERTAIN THE BEST INTER- DEALER MARKET AND FAILED TO BUY OR SELL IN SUCH MARKET SO THAT THE RESULTANT PRICE TO ITS CUSTOMER WAS AS FAVORABLE AS POSSIBLE UNDER PREVAILING MARKET CONDITIONS. THE FINDINGS STATED THAT THE FIRM FAILED TO REPORT TO THE NASDAQ MARKET CENTER (NMC) THE CORRECT SYMBOL INDICATING WHETHER THE TRANSACTION WAS A BUY, SELL, SELL SHORT, SELL SHORT EXEMPT OR CROSS FOR TRANSACTIONS IN ELIGIBLE SECURITIES. Initiated By: NASD Date Initiated: 04/10/2007 Docket/Case Number: 20050010270-01

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 04/10/2007 Sanctions Ordered: Censure Monetary/Fine $17,500.00 Other Sanctions Ordered: Sanction Details: WITHOUT ADMITTING OR DENYING THE FINDINGS, A.G. EDWARDS & SONS, INC., CONSENTED TO THE DESCRIBED SANCTIONS AND TO THE ENTRY OF FINDINGS, THEREFORE, THE FIRM IS CENSURED AND FINED $17,500. i Disclosure 14 of 75 Reporting Source: Firm Current Status: Final Allegations: THE COMMONWEALTH OF PENNSYLVANIA ALLEGED THAT A.G. EDWARDS ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 55 HAD FAILED TO MAINTAIN A COMPLETE CUSTOMER COMPLAINT FILE - VIOLATION OF SEC RULE 17A-3(A)(18) AND NASD RULE 3110(D). www.finra.org/brokercheck User Guidance

Allegations: THE COMMONWEALTH OF PENNSYLVANIA ALLEGED THAT A.G. EDWARDS HAD FAILED TO MAINTAIN A COMPLETE CUSTOMER COMPLAINT FILE - VIOLATION OF SEC RULE 17A-3(A)(18) AND NASD RULE 3110(D). Initiated By: COMMONWEALTH OF PENNSYLVANIA Date Initiated: 03/02/2007 Docket/Case Number: 2005-08-18

Principal Product Type: Other Other Product Type(s): Principal Sanction(s)/Relief Undertaking Sought: Other Sanction(s)/Relief Sought:

Resolution: Other Resolution Date: 03/02/2007 Sanctions Ordered: Monetary/Fine $6,500.00 Other Sanctions Ordered: A.G. EDWARDS WILL IN THE FUTURE COMPLY WITH ALL PROVISIONS OF THE PENNSYLVANIA SECURITIES ACT OF 1972 AND REGULATIONS ADOPTED BY THE COMMISSION; AND SHOULD A.G. EDWARDS FAIL TO COMPLY WITH ANY PROVISIONS OF THIS OFFER AND UNDERTAKINGS, THE COMMISSION MAY IMPOSE ADDITIONAL SANCTIONS AND COSTS AND SEEK OTHER APPROPRIATE RELIEF SUBJECT TO THE RIGHT TO A HEARING PURSUANT TO THE 1972 ACT. Sanction Details: A.G. EDWARDS WILL MAKE A MONETARY PAYMENT OF $6,000 TO THE CLIENT. WITHIN 30 DAYS OF THE EXECUTION OF THIS OFFER AND UNDERTAKINGS, A.G. EDWARDS WILL PAY $500 TO THE "COMMONWEALTH OF PENNSYLVANIA," WHICH AMOUNT REPRESENTS THE INVESTIGATIVE AND LEGAL COSTS IN THIS MATTER. Firm Statement WHILE NEITHER ADMITTING NOR DENYING THE ALLEGATIONS, A.G. EDWARDS AGREES AND UNDERTAKES TO DO THE FOLLOWING: A.G. EDWARDS WILL MAKE A MONETARY PAYMENT OF $6,000 TO THE CLIENT. WITHIN 30 DAYS OF THE EXECUTION OF THIS OFFER AND UNDERTAKINGS, A.G. EDWARDS WILL PAY $500 TO THE "COMMONWEALTH OF PENNSYLVANIA," WHICH AMOUNT REPRESENTS THE INVESTIGATIVE AND LEGAL COSTS IN THIS MATTER. A.G. EDWARDS WILL IN THE FUTURE COMPLY WITH ALL PROVISIONS OF THE PENNSYLVANIA SECURITIES ACT OF 1972 AND REGULATIONS ADOPTED BY THE COMMISSION; AND SHOULD A.G. EDWARDS FAIL TO COMPLY WITH ANY PROVISIONS OF THIS OFFER AND UNDERTAKINGS, THE COMMISSION MAY IMPOSE ADDITIONAL SANCTIONS AND COSTS AND SEEK OTHER APPROPRIATE RELIEF ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 56 SUBJECT TO THE RIGHT TO A HEARING PURSUANT TO THE 1972 ACT. WHILE NEITHER ADMITTING NOR DENYING THE ALLEGATIONS, A.G. EDWARDS AGREES AND UNDERTAKES TO DO THE FOLLOWING: A.G. EDWARDS WILL MAKE A MONETARY PAYMENT OF $6,000 TO THE CLIENT. WITHIN 30 DAYS OF THE EXECUTION OF THIS OFFER AND UNDERTAKINGS, A.G. EDWARDS WILL PAY $500 TO THE "COMMONWEALTH OF PENNSYLVANIA," WHICH AMOUNT REPRESENTS THE INVESTIGATIVE AND LEGAL COSTS IN THIS MATTER. A.G. EDWARDS WILL IN THE FUTURE www.finra.org/brokercheck COMPLY WITH ALL PROVISIONS OF THE PENNSYLVANIA SECURITIES ACT User Guidance OF 1972 AND REGULATIONS ADOPTED BY THE COMMISSION; AND SHOULD A.G. EDWARDS FAIL TO COMPLY WITH ANY PROVISIONS OF THIS OFFER AND UNDERTAKINGS, THE COMMISSION MAY IMPOSE ADDITIONAL SANCTIONS AND COSTS AND SEEK OTHER APPROPRIATE RELIEF SUBJECT TO THE RIGHT TO A HEARING PURSUANT TO THE 1972 ACT. i Disclosure 15 of 75 Reporting Source: Firm Current Status: Final Allegations: RECEIVED NOTICE OF INTENT TO IMPOSE SANCTIONS, IMPOSE CIVIL PENALTY, AND OF OPPORTUNITY FOR HEARING - REGARDING A TRANSACTION THAT A.G. EDWARDS APPROVED AND FACILITATED WITHOUT REASONABLE GROUNDS TO BELIEVE THAT THE RECOMMENDATION WAS SUITABLE FOR THE CUSTOMER AFTER REASONABLE INQUIRY CONCERNING THE CUSTOMER'S INVESTMENT OBJECTIVES, FINANCIAL SITUATION AND NEEDS. Initiated By: STATE OF RHODE ISLAND Date Initiated: 10/30/2006 Docket/Case Number:

Principal Product Type: Annuity(ies) - Variable Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief Sought:

Resolution: Decision & Order of Offer of Settlement Resolution Date: 11/26/2007 Sanctions Ordered: Monetary/Fine $25,000.00 Cease and Desist/Injunction Other Sanctions Ordered: A.G. EDWARDS SHALL IMPLEMENT AND MAINTAIN A SYSTEM OF SUPERVISION REASONABLY DESIGNED TO COMLPY WITH LAWS, RULES AND REGULATIONS GOVERNING THE SALE OF VARIABLE ANNUITY CONTRACTS INCLUDING PROCEDURES FOR DOCUMENTING APPROPRIATE SUITABILITY FACTORS SUCH AS AGE, INCOME, SECURITIES INVESTMENT EXPERIENCE AND LIQUID NET WORTH. Sanction Details: A.G EDWARDS ENTERED INTO THE OFFER ON 11/26/2007. i Disclosure 16 of 75

Reporting Source: Regulator Current Status: Final Allegations: THE FIRM WAS CHARGED WITH VIOLATING EXCHANGE RULES 320, 411 AND 922 BY FAILING TO DILIGENTLY SUPERVISE A BROKER AND BRANCH MANAGER REGARDING THE TRADING IN SEVERAL CUSTOMER ACCOUNTS. Initiated By: AMERICAN STOCK EXCHANGE Date Initiated: 10/25/2006 Docket/Case Number: 04-172

Principal Product Type: Options Other Product Type(s): Principal Sanction(s)/Relief Civil and Administrative Penalt(ies) /Fine(s) Sought: Other Sanction(s)/Relief CENSURE Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 02/25/2008 Does the order constitute a Yes final order based on violations of any laws or regulations that prohibit fraudulent, manipulative, or deceptive conduct? Sanctions Ordered: Censure Monetary/Fine $25,000.00 Other Sanctions Ordered: Sanction Details: FIRM WAS CENSURED AND FINED $25,000 FOR VIOLATIONS OF AMEX RULES 320 AND 411. i Reporting Source: Firm Current Status: Final Allegations: THE FIRM WAS CHARGED WITH VIOLATING EXCHANGE RULES 320, 411 AND 922 BY FAILING TO DILIGENTLY SUPERVISE A BROKER AND BRANCH MANAGER REGARDING THE TRADING IN SEVERAL CUSTOMER ACCOUNTS. Initiated By: AMERICAN STOCK EXCHANGE

Date Initiated: 10/25/2006 Docket/Case Number: 04-172

Principal Product Type: Options Other Product Type(s): Principal Sanction(s)/Relief Civil and Administrative Penalt(ies) /Fine(s) Sought: Other Sanction(s)/Relief CENSURE Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 02/25/2008 Sanctions Ordered: Censure Monetary/Fine $25,000.00 Other Sanctions Ordered: Sanction Details: FIRM WAS CENSURED AND FINED $25,000 FOR VIOLATIONS OF AMEX RULES 320 AND 411. i Disclosure 17 of 75 Reporting Source: Regulator Current Status: Final Allegations: NASD RULE 2110 AND INTERPRETIVE MATERIAL 3110(F)(4 - BETWEEN JUNE 1994 AND AUGUST 1999, THE FIRM INCLUDED IN ITS CUSTOMER AGREEMENTS, AN ATTORNEY'S FEE CLAUSE, WHICH PROVIDED THAT THE CUSTOMER WOULD BE RESPONSIBLE FOR THE FIRM'S COSTS AND ATTORNEY'S FEES IN THE EVENT THE CUSTOMER BRINGS A CLAIM AGAINST THE FIRM, REGARDLESS OF WHETHER OR NOT THE CUSTOMER IS SUCCESSFUL IN PURSUING THE CLAIM. THIS PROVISION VIOLATES NASD RULE 2110 AND INTERPRETIVE MATERIAL 3110(F)(4), WHICH STATES, "NO AGREEMENT SHALL INCLUDE ANY CONDITION WHICH LIMITS OR CONTRADICTS THE RULE OF ANY SELF-REGULATORY ORGANIZATION OR LIMITS THE ABILITY OF A PARTY TO FILE A CLAIM IN ARBITRATION OR LIMITS THE ABILITY OF THE ARBITRATORS TO MAKE ANY AWARD." THIS ATTORNEY'S FEES PROVISION IN THE CUSTOMER AGREEMENTS HAS A CHILLING EFFECT ON CUSTOMERS CONSIDERING OR PURSUING CLAIMS AGAINST THE FIRM. Initiated By: NASD Date Initiated: 09/25/2006

Docket/Case Number: EAF0400790002

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 09/25/2006 Does the order constitute a No final order based on violations of any laws or regulations that prohibit fraudulent, manipulative, or deceptive conduct? Sanctions Ordered: Censure Monetary/Fine $10,000.00 Other Sanctions Ordered: UNDERTAKING Sanction Details: WITHOUT ADMITTING OR DENYING THE FINDINGS, A.G. EDWARDS & SONS CONSENTED TO THE DESCRIBED SANCTIONS AND TO THE ENTRY OF FINDINGS; THEREFORE THE FIRM IS CENSURED, FINED $10,000 AND REQUIRED TO PROVIDE A REPORT TO NASD ATTESTING THAT IT HAS GIVEN NOTICE TO ALL CUSTOMERS WHOSE RELATIONSHIP WITH THE FIRM IS STILL CONTROLLED BY ANY AGREEMENT CONTAINING THE CLAUSE AT ISSUE BY LETTER THAT THE FIRM WILL NOT TAKE ANY ACTION TO ENFORCE THAT CLAUSE AND SETTING FORTH THE DETAILS OF NOTIFICATIONS TO CUSTOMERS. i Reporting Source: Firm Current Status: Final Allegations: NASD RULE 2110 AND INTERPRETIVE MATERIAL 3110(F)(4 - BETWEEN JUNE 1994 AND AUGUST 1999, THE FIRM INCLUDED IN ITS CUSTOMER AGREEMENTS, AN ATTORNEY'S FEE CLAUSE, WHICH PROVIDED THAT THE CUSTOMER WOULD BE RESPONSIBLE FOR THE FIRM'S COSTS AND ATTORNEY'S FEES IN THE EVENT THE CUSTOMER BRINGS A CLAIM AGAINST THE FIRM, REGARDLESS OF WHETHER OR NOT THE CUSTOMER IS SUCCESSFUL IN PURSUING THE CLAIM. THIS PROVISION VIOLATES NASD RULE 2110 AND INTERPRETIVE MATERIAL 3110(F)(4), WHICH STATES, ©2021 FINRA. All rights reserved. Report about "NO A. AGREEMENT G. EDWARDS & SHALLSONS, INC. INCLUDE ANY CONDITION WHICH LIMITS OR 60 CONTRADICTS THE RULE OF ANY SELF-REGULATORY ORGANIZATION OR LIMITS THE ABILITY OF A PARTY TO FILE A CLAIM IN ARBITRATION OR LIMITS THE ABILITY OF THE ARBITRATORS TO MAKE ANY AWARD." THIS ATTORNEY'S FEES PROVISION IN THE CUSTOMER AGREEMENTS HAS A CHILLING EFFECT ON CUSTOMERS CONSIDERING OR PURSUING CLAIMS AGAINST THE FIRM. NASD RULE 2110 AND INTERPRETIVE MATERIAL 3110(F)(4 - BETWEEN JUNE 1994 AND AUGUST 1999, THE FIRM INCLUDED IN ITS CUSTOMER AGREEMENTS, AN ATTORNEY'S FEE CLAUSE, WHICH PROVIDED THAT THE www.finra.org/brokercheck CUSTOMER WOULD BE RESPONSIBLE FOR THE FIRM'S COSTS AND User Guidance ATTORNEY'S FEES IN THE EVENT THE CUSTOMER BRINGS A CLAIM AGAINST THE FIRM, REGARDLESS OF WHETHER OR NOT THE CUSTOMER IS SUCCESSFUL IN PURSUING THE CLAIM. THIS PROVISION VIOLATES NASD RULE 2110 AND INTERPRETIVE MATERIAL 3110(F)(4), WHICH STATES, "NO AGREEMENT SHALL INCLUDE ANY CONDITION WHICH LIMITS OR CONTRADICTS THE RULE OF ANY SELF-REGULATORY ORGANIZATION OR LIMITS THE ABILITY OF A PARTY TO FILE A CLAIM IN ARBITRATION OR LIMITS THE ABILITY OF THE ARBITRATORS TO MAKE ANY AWARD." THIS ATTORNEY'S FEES PROVISION IN THE CUSTOMER AGREEMENTS HAS A CHILLING EFFECT ON CUSTOMERS CONSIDERING OR PURSUING CLAIMS AGAINST THE FIRM. Initiated By: NASD Date Initiated: 09/25/2006 Docket/Case Number: EAF0400790002

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 09/25/2006 Sanctions Ordered: Censure Monetary/Fine $10,000.00 Other Sanctions Ordered: UNDERTAKING Sanction Details: WITHOUT ADMITTING OR DENYING THE FINDINGS, A.G. EDWARDS & SONS CONSENTED TO THE DESCRIBED SANCTIONS AND TO THE ENTRY OF FINDINGS; THEREFORE THE FIRM IS CENSURED, FINED $10,000 AND REQUIRED TO PROVIDE A REPORT TO NASD ATTESTING THAT IT HAS GIVEN NOTICE TO ALL CUSTOMERS WHOSE RELATIONSHIP WITH THE FIRM IS STILL CONTROLLED BY ANY AGREEMENT CONTAINING THE CLAUSE AT ISSUE BY LETTER THAT THE FIRM WILL NOT TAKE ANY ACTION TO ENFORCE THAT CLAUSE AND SETTING FORTH THE DETAILS OF NOTIFICATIONS TO CUSTOMERS. i Disclosure 18 of 75 Reporting Source: Regulator Current Status: Final Allegations: **6/19/06**EVENT: STIPULATION AND CONSENT TO PENALTY FILED BY NYSE DIVISION OF ENFORCEMENT AND PENDING. CONSENTED TO ©2021 FINRA. All rights reserved. Report aboutFINDINGS A. G. EDWARDS WITHOUT & SONS, ADMITTING INC. OR DENYING GUILT, THE FIRM CONSENTS 61 TO:A.FINDINGS BY A HEARING PANEL OR A HEARING OFFICER ACTING ALONE THAT IT:1. VIOLATED NYSE RULE 401, IN THAT THE FIRM FAILED TO ADHERE AT ALL TIMES TO THE PRINCIPLES OF GOOD BUSINESS PRACTICE IN THE CONDUCT OF ITS BUSINESS AFFAIRS IN THAT IT INAPPROPRIATELY MAINTAINED CUSTOMERS IN FEE-BASED ACCOUNTS. 2.VIOLATED NYSE RULE 476(A)(6) IN THAT THE FIRM ENGAGED IN CONDUCT INCONSISTENT WITH JUST AND EQUITABLE PRINCIPLES OF TRADE IN THAT IT: A.CHARGED CUSTOMER ACCOUNTS EXCESSIVE FEES IN LIGHT OF THE TRADING ACTIVITY IN THE ACCOUNTS. B.EFFECTED TRADES IN THE ACCOUNTS OF CUSTOMERS THROUGH A REGISTERED REPRESENTATIVE OF THE FIRM THAT WERE UNSUITABLE IN VIEW OF THE CUSTOMERS' INVESTMENT OBJECTIVES, PRIOR INVESTMENT EXPERIENCE, AND FINANCIAL RESOURCES. 3.VIOLATED NYSE RULE 351(D), IN THAT THE FIRM FAILED TO REPORT, FAILED TO TIMELY REPORT, AND/OR FAILED TO PROPERLY CODE AND REPORT, TO THE NYSE REQUIRED STATISTICAL INFORMATION REGARDING CUSTOMER COMPLAINTS. 4.VIOLATED NYSE RULE 342(A) AND (B), IN THAT THE FIRM FAILED TO ESTABLISH REASONABLE PROCEDURES OF SUPERVISION AND CONTROL, INCLUDING A SEPARATE SYSTEM OF FOLLOW-UP AND REVIEW, OVER ITS NON-MANAGED FEE-BASED BROKERAGE BUSINESS, AND WITH RESPECT TO THE SUPERVISION OF CERTAIN OF ITS EMPLOYEES. STIPULATED SANCTION:B.THE IMPOSITION BY THE NYSE OF A:1.CENSURE; 2. FINE IN THE AMOUNT OF $900,000. (THE PAYMENT PREVIOUSLY MADE BY THE FIRM IN CONNECTION WITH A CONSENT ORDER ENTERED INTO WITH THE STATE OF GEORGIA CONCERNING THE WILLIAM FLOYD GIBBS, SR. MATTER SHALL BE DEEMED TO SATISFY $400,000 OF THIS PENALTY); 3. REQUIREMENT TO MAKE RESTITUTION TO CUSTOMERS RELATING TO OVERPAYMENT OF FEES PURSUANT TO THE FOLLOWING UNDERTAKING: **CONT. #13C** www.finra.org/brokercheck User Guidance

Allegations: **6/19/06**EVENT: STIPULATION AND CONSENT TO PENALTY FILED BY NYSE DIVISION OF ENFORCEMENT AND PENDING. CONSENTED TO FINDINGS WITHOUT ADMITTING OR DENYING GUILT, THE FIRM CONSENTS TO:A.FINDINGS BY A HEARING PANEL OR A HEARING OFFICER ACTING ALONE THAT IT:1. VIOLATED NYSE RULE 401, IN THAT THE FIRM FAILED TO ADHERE AT ALL TIMES TO THE PRINCIPLES OF GOOD BUSINESS PRACTICE IN THE CONDUCT OF ITS BUSINESS AFFAIRS IN THAT IT INAPPROPRIATELY MAINTAINED CUSTOMERS IN FEE-BASED ACCOUNTS. 2.VIOLATED NYSE RULE 476(A)(6) IN THAT THE FIRM ENGAGED IN CONDUCT INCONSISTENT WITH JUST AND EQUITABLE PRINCIPLES OF TRADE IN THAT IT: A.CHARGED CUSTOMER ACCOUNTS EXCESSIVE FEES IN LIGHT OF THE TRADING ACTIVITY IN THE ACCOUNTS. B.EFFECTED TRADES IN THE ACCOUNTS OF CUSTOMERS THROUGH A REGISTERED REPRESENTATIVE OF THE FIRM THAT WERE UNSUITABLE IN VIEW OF THE CUSTOMERS' INVESTMENT OBJECTIVES, PRIOR INVESTMENT EXPERIENCE, AND FINANCIAL RESOURCES. 3.VIOLATED NYSE RULE 351(D), IN THAT THE FIRM FAILED TO REPORT, FAILED TO TIMELY REPORT, AND/OR FAILED TO PROPERLY CODE AND REPORT, TO THE NYSE REQUIRED STATISTICAL INFORMATION REGARDING CUSTOMER COMPLAINTS. 4.VIOLATED NYSE RULE 342(A) AND (B), IN THAT THE FIRM FAILED TO ESTABLISH REASONABLE PROCEDURES OF SUPERVISION AND CONTROL, INCLUDING A SEPARATE SYSTEM OF FOLLOW-UP AND REVIEW, OVER ITS NON-MANAGED FEE-BASED BROKERAGE BUSINESS, AND WITH RESPECT TO THE SUPERVISION OF CERTAIN OF ITS EMPLOYEES. STIPULATED SANCTION:B.THE IMPOSITION BY THE NYSE OF A:1.CENSURE; 2. FINE IN THE AMOUNT OF $900,000. (THE PAYMENT PREVIOUSLY MADE BY THE FIRM IN CONNECTION WITH A CONSENT ORDER ENTERED INTO WITH THE STATE OF GEORGIA CONCERNING THE WILLIAM FLOYD GIBBS, SR. MATTER SHALL BE DEEMED TO SATISFY $400,000 OF THIS PENALTY); 3. REQUIREMENT TO MAKE RESTITUTION TO CUSTOMERS RELATING TO OVERPAYMENT OF FEES PURSUANT TO THE FOLLOWING UNDERTAKING: **CONT. #13C** Initiated By: NEW YORK STOCK EXCHANGE DIVISION OF ENFORCEMENT Date Initiated: 06/19/2006 Docket/Case Number: HPD# 06-133

Principal Product Type: Other Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Decision Resolution Date: 08/10/2006 Sanctions Ordered: Censure Monetary/Fine $900,000.00 Other Sanctions Ordered: Sanction Details: **7/10/06**NYSE HEARING BOARD DECISION 06-133 ISSUED DECISION:VIOLATED NYSE RULE 401 BY INAPPROPRIATELY MAINTAINING CUSTOMERS IN FEE-BASED ACCOUNTS; VIOLATED NYSE RULE 476(A)(6) BY CHARGING CUSTOMER ACCOUNTS EXCESSIVE FEES IN LIGHT OF TRADING ACTIVITY IN ACCOUNTS AND EFFECTING TRADES THAT WERE UNSUITABLE IN VIEW OF CUSTOMERS' INVESTMENT OBJECTIVES, PRIOR INVESTMENT EXPERIENCE, AND FINANCIAL RESOURCES; VIOLATED NYSE RULE 351(D), BY FAILING TO REPORT, FAILING TO TIMELY REPORT, AND/OR FAILING TO PROPERLY CODE AND REPORT TO NYSE REQUIRED STATISTICAL INFORMATION REGARDING CUSTOMER COMPLAINTS; VIOLATED NYSE RULE 342(A) AND (B), BY FAILING TO ESTABLISH REASONABLE PROCEDURES OF SUPERVISION AND CONTROL, INCLUDING A SEPARATE SYSTEM OF FOLLOW-UP AND REVIEW, OVER ITS NON- MANAGED FEE-BASED BROKERAGE BUSINESS, AND WITH RESPECT TO SUPERVISION OF CERTAIN OF ITS EMPLOYEES -- CONSENT TO CENSURE, $900,000 FINE, AND UNDERTAKING. Regulator Statement **8/10/06**DECISION IS NOW FINAL AND EFFECTIVE IMMEDIATELY.CONTACT: PEGGY GERMINO 212-656-8450 i Reporting Source: Firm Current Status: Final Allegations: **6/19/06**EVENT: STIPULATION AND CONSENT TO PENALTY FILED BY NYSE DIVISION OF ENFORCEMENT AND PENDING. CONSENTED TO FINDINGS WITHOUT ADMITTING OR DENYING GUILT, THE FIRM CONSENTS TO:A.FINDINGS BY A HEARING PANEL OR A HEARING OFFICER ACTING ALONE THAT IT:1. VIOLATED NYSE RULE 401, IN THAT THE FIRM FAILED TO ADHERE AT ALL TIMES TO THE PRINCIPLES OF GOOD BUSINESS PRACTICE IN THE CONDUCT OF ITS BUSINESS AFFAIRS IN THAT IT INAPPROPRIATELY MAINTAINED CUSTOMERS IN FEE-BASED ACCOUNTS. 2.VIOLATED NYSE RULE 476(A)(6) IN THAT THE FIRM ENGAGED IN CONDUCT INCONSISTENT WITH JUST AND EQUITABLE PRINCIPLES OF TRADE IN THAT IT: A.CHARGED CUSTOMER ACCOUNTS EXCESSIVE FEES IN LIGHT OF THE TRADING ACTIVITY IN THE ACCOUNTS. B.EFFECTED TRADES IN THE ACCOUNTS OF CUSTOMERS THROUGH A REGISTERED REPRESENTATIVE OF THE FIRM THAT WERE UNSUITABLE IN VIEW OF THE CUSTOMERS' INVESTMENT OBJECTIVES, PRIOR INVESTMENT EXPERIENCE, AND FINANCIAL ©2021 FINRA. All rights reserved. Report aboutRESOURCES. A. G. EDWARDS 3.VIOLATED & SONS, INC. NYSE RULE 351(D), IN THAT THE FIRM FAILED TO 63 REPORT, FAILED TO TIMELY REPORT, AND/OR FAILED TO PROPERLY CODE AND REPORT, TO THE NYSE REQUIRED STATISTICAL INFORMATION REGARDING CUSTOMER COMPLAINTS. 4.VIOLATED NYSE RULE 342(A) AND (B), IN THAT THE FIRM FAILED TO ESTABLISH REASONABLE PROCEDURES OF SUPERVISION AND CONTROL, INCLUDING A SEPARATE SYSTEM OF FOLLOW-UP AND REVIEW, OVER ITS NON-MANAGED FEE-BASED BROKERAGE BUSINESS, AND WITH RESPECT TO THE SUPERVISION OF CERTAIN OF ITS EMPLOYEES. STIPULATED SANCTION:B.THE IMPOSITION BY THE NYSE OF A:1.CENSURE; 2. FINE IN THE AMOUNT OF $900,000. (THE PAYMENT PREVIOUSLY MADE BY THE FIRM IN CONNECTION WITH A CONSENT ORDER ENTERED INTO WITH THE STATE OF GEORGIA CONCERNING THE WILLIAM FLOYD GIBBS, SR. MATTER SHALL BE DEEMED TO SATISFY $400,000 OF THIS PENALTY); 3. REQUIREMENT TO MAKE RESTITUTION TO CUSTOMERS RELATING TO OVERPAYMENT OF FEES PURSUANT TO THE FOLLOWING UNDERTAKING: **CONT. #13C** **6/19/06**EVENT: STIPULATION AND CONSENT TO PENALTY FILED BY NYSE DIVISION OF ENFORCEMENT AND PENDING. CONSENTED TO FINDINGS WITHOUT ADMITTING OR DENYING GUILT, THE FIRM CONSENTS TO:A.FINDINGS BY A HEARING PANEL OR A HEARING OFFICER ACTING ALONE THAT IT:1. VIOLATED NYSE RULE 401, IN THAT THE FIRM FAILED TO ADHERE AT ALL TIMES TO THE PRINCIPLES OF GOOD BUSINESS PRACTICE IN THE CONDUCT OF ITS BUSINESS AFFAIRS IN THAT IT INAPPROPRIATELY MAINTAINED CUSTOMERS IN FEE-BASED ACCOUNTS. 2.VIOLATED NYSE RULE 476(A)(6) IN THAT THE FIRM ENGAGED IN CONDUCT INCONSISTENT WITH JUST AND EQUITABLE PRINCIPLES OF TRADE IN THAT IT: A.CHARGED www.finra.org/brokercheck CUSTOMER ACCOUNTS EXCESSIVE FEES IN LIGHT OF THE TRADING User Guidance ACTIVITY IN THE ACCOUNTS. B.EFFECTED TRADES IN THE ACCOUNTS OF CUSTOMERS THROUGH A REGISTERED REPRESENTATIVE OF THE FIRM THAT WERE UNSUITABLE IN VIEW OF THE CUSTOMERS' INVESTMENT OBJECTIVES, PRIOR INVESTMENT EXPERIENCE, AND FINANCIAL RESOURCES. 3.VIOLATED NYSE RULE 351(D), IN THAT THE FIRM FAILED TO REPORT, FAILED TO TIMELY REPORT, AND/OR FAILED TO PROPERLY CODE AND REPORT, TO THE NYSE REQUIRED STATISTICAL INFORMATION REGARDING CUSTOMER COMPLAINTS. 4.VIOLATED NYSE RULE 342(A) AND (B), IN THAT THE FIRM FAILED TO ESTABLISH REASONABLE PROCEDURES OF SUPERVISION AND CONTROL, INCLUDING A SEPARATE SYSTEM OF FOLLOW-UP AND REVIEW, OVER ITS NON-MANAGED FEE-BASED BROKERAGE BUSINESS, AND WITH RESPECT TO THE SUPERVISION OF CERTAIN OF ITS EMPLOYEES. STIPULATED SANCTION:B.THE IMPOSITION BY THE NYSE OF A:1.CENSURE; 2. FINE IN THE AMOUNT OF $900,000. (THE PAYMENT PREVIOUSLY MADE BY THE FIRM IN CONNECTION WITH A CONSENT ORDER ENTERED INTO WITH THE STATE OF GEORGIA CONCERNING THE WILLIAM FLOYD GIBBS, SR. MATTER SHALL BE DEEMED TO SATISFY $400,000 OF THIS PENALTY); 3. REQUIREMENT TO MAKE RESTITUTION TO CUSTOMERS RELATING TO OVERPAYMENT OF FEES PURSUANT TO THE FOLLOWING UNDERTAKING: **CONT. #13C** Initiated By: NEW YORK STOCK EXCHANGE DIVISION OF ENFORCEMENT Date Initiated: 06/19/2006 Docket/Case Number: HPD #06-133

Principal Product Type: Other Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Consent Resolution Date: 08/07/2006 Sanctions Ordered: Censure Monetary/Fine $900,000.00 Other Sanctions Ordered: Sanction Details: NYSE HEARING BOARD DECISION 06-133 ISSUED DECISION:VIOLATED NYSE RULE 401 BY INAPPROPRIATELY MAINTAINING CUSTOMERS IN FEE- BASED ACCOUNTS; VIOLATED NYSE RULE 476(A)(6) BY CHARGING CUSTOMER ACCOUNTS EXCESSIVE FEES IN LIGHT OF TRADING ACTIVITY IN ACCOUNTS AND EFFECTING TRADES THAT WERE UNSUITABLE IN VIEW OF CUSTOMERS' INVESTMENT OBJECTIVES, PRIOR INVESTMENT EXPERIENCE, AND FINANCIAL RESOURCES; VIOLATED NYSE RULE 351(D), BY FAILING TO REPORT, FAILING TO TIMELY REPORT, AND/OR FAILING TO ©2021 FINRA. All rights reserved. Report aboutPROPERLY A. G. EDWARDS CODE & ANDSONS, REPORT INC. TO NYSE REQUIRED STATISTICAL 64 INFORMATION REGARDING CUSTOMER COMPLAINTS; VIOLATED NYSE RULE 342(A) AND (B), BY FAILING TO ESTABLISH REASONABLE PROCEDURES OF SUPERVISION AND CONTROL, INCLUDING A SEPARATE SYSTEM OF FOLLOW-UP AND REVIEW, OVER ITS NON-MANAGED FEE- BASED BROKERAGE BUSINESS, AND WITH RESPECT TO SUPERVISION OF CERTAIN OF ITS EMPLOYEES -- CONSENT TO CENSURE, $900,000 FINE, AND UNDERTAKING. NYSE HEARING BOARD DECISION 06-133 ISSUED DECISION:VIOLATED NYSE RULE 401 BY INAPPROPRIATELY MAINTAINING CUSTOMERS IN FEE- BASED ACCOUNTS; VIOLATED NYSE RULE 476(A)(6) BY CHARGING www.finra.org/brokercheck CUSTOMER ACCOUNTS EXCESSIVE FEES IN LIGHT OF TRADING ACTIVITY User Guidance IN ACCOUNTS AND EFFECTING TRADES THAT WERE UNSUITABLE IN VIEW OF CUSTOMERS' INVESTMENT OBJECTIVES, PRIOR INVESTMENT EXPERIENCE, AND FINANCIAL RESOURCES; VIOLATED NYSE RULE 351(D), BY FAILING TO REPORT, FAILING TO TIMELY REPORT, AND/OR FAILING TO PROPERLY CODE AND REPORT TO NYSE REQUIRED STATISTICAL INFORMATION REGARDING CUSTOMER COMPLAINTS; VIOLATED NYSE RULE 342(A) AND (B), BY FAILING TO ESTABLISH REASONABLE PROCEDURES OF SUPERVISION AND CONTROL, INCLUDING A SEPARATE SYSTEM OF FOLLOW-UP AND REVIEW, OVER ITS NON-MANAGED FEE- BASED BROKERAGE BUSINESS, AND WITH RESPECT TO SUPERVISION OF CERTAIN OF ITS EMPLOYEES -- CONSENT TO CENSURE, $900,000 FINE, AND UNDERTAKING. Firm Statement **CONT. FROM #7**EVENT: A.WITHIN 30 DAYS FROM THE DATE THE DECISION IN THIS MATTER BECOMES FINAL (THE "FINAL DATE"), THE FIRM WILL RETAIN AN INDEPENDENT CONSULTANT THE "CONSULTANT") NOT UNACCEPTABLE TO ENFORCEMENT, TO (I) PERFORM A REVIEW OF CLIENT CHOICE ACCOUNTS (PURSUANT TO A PROCESS THAT WILL BE SUBJECT TO ENFORCEMENT REVIEW AND APPROVAL) (THE "REVIEW") TO DETERMINE WHICH ACCOUNTS ENROLLED IN CLIENT CHOICE BETWEEN 2001 AND 2004 REQUIRE RESTITUTION (THE "RESTITUTION ACCOUNTS"), AND TO (II) PREPARE A REPORT OF THE REVIEW (THE "REPORT") WHICH SHALL IDENTIFY THE RESTITUTION ACCOUNTS AND RESTITUTION AMOUNTS. B.WITHIN 90 DAYS FROM THE FINAL DATE (I) THE REVIEW SHALL BE COMPLETED, AND (II) THE REPORT SHALL BE DELIVERED TO ENFORCEMENT AND TO THE FIRM. C. AFTER COMPLETION OF THE REVIEW, BUT NO LATER THAN 120 DAYS AFTER THE FINAL DATE, THE FIRM SHALL MAKE RESTITUTION TO THE RESTITUTION ACCOUNTS IN THE AMOUNTS DETERMINED BY THE CONSULTANT, AND CONCURRENTLY SEND WRITTEN NOTIFICATION TO THE RESTITUTION ACCOUNTS, ADVISING THE ACCOUNT HOLDERS THAT RESTITUTION HAS BEEN MADE BY THE FIRM, WITH AN EXPLANATION WHY. i Disclosure 19 of 75 Reporting Source: Regulator Current Status: Final Allegations: SEC ADMINISTRATIVE PROCEEDING RELEASE 33-8684, 34-53888, DATED MAY 31, 2006, THE SECURITIES AND EXCHANGE COMMISSION COMPLAINT ALLEGES THAT RESPONDENT WILLFULLY VIOLATED SECTION 17(A)(2) OF THE SECURITIES ACT. AS PART OF ITS BROKER-DEALER BUSINESS, RESPONDENT UNDERWRITE, AND MANAGE AUCTIONS FOR, AUCTION RATE SECURITIES. FROM AT LEAST JANUARY 1, 2003 THROUGH JUNE 30, 2004, IN CONNECTION WITH CERTAIN AUCTIONS, RESPONDENT ENGAGED IN ONE OR MORE OF THE FOLLOWING PRACTICES VIOLATIONS: COMPLETION OF OPEN OR MARKET BIDS, INTERVENTION IN AUCTIONS, BIDS TO PREVENT FAILED AUCTIONS, BIDS TO A SET A "MARKET" RATE, BIDS TO PREVENT ALL-HOLD AUCTIONS, PRIORITIZATION OF BIDS, ©2021 FINRA. All rights reserved. Report aboutSUBMISSION A. G. EDWARDS OR &REVISION SONS, INC. OF BIDS AFTER DEADLINES, ALLOCATION OF 65 SECURITIES, PARTIAL ORDERS, EXPRESS OR TACTIC UNDERSTANDING TO PROVIDE HIGHER RETURNS, AND PRICE TALK SEC ADMINISTRATIVE PROCEEDING RELEASE 33-8684, 34-53888, DATED MAY 31, 2006, THE SECURITIES AND EXCHANGE COMMISSION COMPLAINT ALLEGES THAT RESPONDENT WILLFULLY VIOLATED SECTION 17(A)(2) OF THE SECURITIES ACT. AS PART OF ITS BROKER-DEALER BUSINESS, RESPONDENT UNDERWRITE, AND MANAGE AUCTIONS FOR, AUCTION RATE SECURITIES. FROM AT LEAST JANUARY 1, 2003 THROUGH JUNE 30, www.finra.org/brokercheck 2004, IN CONNECTION WITH CERTAIN AUCTIONS, RESPONDENT ENGAGED User Guidance IN ONE OR MORE OF THE FOLLOWING PRACTICES VIOLATIONS: COMPLETION OF OPEN OR MARKET BIDS, INTERVENTION IN AUCTIONS, BIDS TO PREVENT FAILED AUCTIONS, BIDS TO A SET A "MARKET" RATE, BIDS TO PREVENT ALL-HOLD AUCTIONS, PRIORITIZATION OF BIDS, SUBMISSION OR REVISION OF BIDS AFTER DEADLINES, ALLOCATION OF SECURITIES, PARTIAL ORDERS, EXPRESS OR TACTIC UNDERSTANDING TO PROVIDE HIGHER RETURNS, AND PRICE TALK Initiated By: UNITED STATES SECURITIES AND EXCHANGE COMMISSION Date Initiated: 05/31/2006 Docket/Case Number: 3-12310

Principal Product Type: Equity Listed (Common & Preferred Stock) Other Product Type(s): MUNICIPAL BONDS, CORPORATE BONDS Principal Sanction(s)/Relief Cease and Desist Sought: Other Sanction(s)/Relief CENSURE, CIVIL PENALTIES Sought:

Resolution: Order Resolution Date: 05/31/2006 Does the order constitute a No final order based on violations of any laws or regulations that prohibit fraudulent, manipulative, or deceptive conduct? Sanctions Ordered: Censure Monetary/Fine $125,000.00 Cease and Desist/Injunction Other Sanctions Ordered: NOT LATER THAN 6 MONTHS AFTER THE ENTRY OF THIS ORDER, RESPONDENT SHALL PROVIDE ALL OF ITS CUSTOMERS WHO HOLD AUCTION RATE SECURITIES ("HOLDERS") AND THE ISSUERS OF SUCH SECURITIES ("ISSUERS") WITH A WRITTEN DESCRIPTION OF THE RESPONDENT'S MATERIAL AUCTION PRACTICES AND PROCEDURES. FURTHERMORE, COMMENCING NOT LATER THAN 3 MONTHS AFTER THE ENTRY OF THIS ORDER, RESPONDENT SHALL AT ALL TIMES MAKE A DESCRIPTION OF ITS THEN-CURRENT MATERIAL AUCTION PRACTICES AND PROCEDURES AVAILABLE TO (1) ALL CUSTOMERS AND BROKER- DEALERS WHO ARE PARTICIPATING THROUGH SUCH RESPONDENT IN AN AUCTION OF AUCTION RATE SECURITIES ON THE PORTION OF ITS WEBSITE THAT IS ACCESSIBLE TO SUCH CUSTOMERS AND BROKER- DEALERS AND IS RELATED TO SUCH AUCTION AND (2) THE GENERAL PUBLIC ON ANOTHER PORTION OF ITS WEBSITE ACCESSIBLE TO THE GENERAL PUBLIC. NOT LATER THAN 6 MONTHS AFTER THE DATE OF THIS ORDER, UNLESS OTHERWISE EXTENDED BY THE STAFF OF THE ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 66 COMMISSION FOR GOOD CAUSE SHOWN, RESPONDENT'S CHIEF EXECUTIVE OFFICER OR GENERAL COUNSEL SHALL CERTIFY IN WRITING TO THE STAFF OF THE COMMISSION THAT RESPONDENT HAS IMPLEMENTED PROCEDURES THAT ARE REASONABLY DESIGNED TO PREVENT AND DETECT FAILURES BY RESPONDENT TO CONDUCT THE AUCTION PROCESS IN ACCORDANCE WITH THE AUCTION PROCEDURES DISCLOSED IN THE DISCLOSURE DOCUMENTS AND ANY SUPPLEMENTAL DISCLOSURES AND THAT THE RESPONDENT IS IN COMPLIANCE WITH THIS ORDER. NOT LATER THAN 6 MONTHS AFTER THE ENTRY OF THIS ORDER, RESPONDENT SHALL PROVIDE ALL OF ITS CUSTOMERS WHO HOLD AUCTION RATE SECURITIES ("HOLDERS") AND THE ISSUERS OF SUCH SECURITIES ("ISSUERS") WITH A WRITTEN DESCRIPTION OF THE RESPONDENT'S MATERIAL AUCTION PRACTICES AND PROCEDURES. FURTHERMORE, COMMENCING NOT LATER THAN 3 MONTHS AFTER THE ENTRY OF THIS ORDER, RESPONDENT SHALL AT ALL TIMES MAKE A DESCRIPTION OF ITS THEN-CURRENT MATERIAL AUCTION PRACTICES AND PROCEDURES AVAILABLE TO (1) ALL CUSTOMERS AND BROKER- DEALERS WHO ARE PARTICIPATING THROUGH SUCH RESPONDENT IN AN AUCTION OF AUCTION RATE SECURITIES ON THE PORTION OF ITS www.finra.org/brokercheck WEBSITE THAT IS ACCESSIBLE TO SUCH CUSTOMERS AND BROKER- User Guidance DEALERS AND IS RELATED TO SUCH AUCTION AND (2) THE GENERAL PUBLIC ON ANOTHER PORTION OF ITS WEBSITE ACCESSIBLE TO THE GENERAL PUBLIC. NOT LATER THAN 6 MONTHS AFTER THE DATE OF THIS ORDER, UNLESS OTHERWISE EXTENDED BY THE STAFF OF THE COMMISSION FOR GOOD CAUSE SHOWN, RESPONDENT'S CHIEF EXECUTIVE OFFICER OR GENERAL COUNSEL SHALL CERTIFY IN WRITING TO THE STAFF OF THE COMMISSION THAT RESPONDENT HAS IMPLEMENTED PROCEDURES THAT ARE REASONABLY DESIGNED TO PREVENT AND DETECT FAILURES BY RESPONDENT TO CONDUCT THE AUCTION PROCESS IN ACCORDANCE WITH THE AUCTION PROCEDURES DISCLOSED IN THE DISCLOSURE DOCUMENTS AND ANY SUPPLEMENTAL DISCLOSURES AND THAT THE RESPONDENT IS IN COMPLIANCE WITH THIS ORDER. Sanction Details: WITHOUT ADMITTING OR DENYING THE FINDINGS, RESPONDENT CONSENTED TO THE ENTRY OF THIS ORDER; ACCORDINGLY, PURSUANT TO SECTION 8A OF THE SECURITIES ACT AND SECTION 15(B) OF THE EXCHANGE ACT, IS ORDERED THAT RESPONDENT IS CENSURED, SHALL CEASE AND DESIST FROM COMMITTING OR CAUSING ANY VIOLATIONS AND ANY FUTURE VIOLATIONS OF SECTION 17(A)(2) OF THE SECURITIES ACT; AND SHALL, WITHIN 10 DAYS OF THE ENTRY OF THIS ORDER, PAY A CIVIL MONEY PENALTY OF $125,000 TO THE UNITED STATES TREASURY. i Reporting Source: Firm Current Status: Final Allegations: SEC ADMINISTRATIVE PROCEEDING RELEASE 33-8684, 34-53888, DATED MAY 31, 2006, THE SECURITIES AND EXCHANGE COMMISSION COMPLAINT ALLEGES THAT A.G. EDWARDS WILLFULLY VIOLATED SECTION 17(A)(2) OF THE SECURITIES ACT. AS PART OF ITS BROKER-DEALER BUSINESS, A.G. EDWARDS UNDERWRITE, AND MANAGE AUCTIONS FOR, AUCTION RATE SECURITIES. FROM AT LEAST JANUARY 1, 2003 THROUGH JUNE 30, 2004, IN CONNECTION WITH CERTAIN AUCTIONS, A.G. EDWARDS ENGAGED IN ONE OR MORE OF THE FOLLOWING PRACTICES VIOLATIONS: COMPLETION OF OPEN OR MARKET BIDS, INTERVENTION IN AUCTIONS, BIDS TO PREVENT FAILED AUCTIONS, BIDS TO A SET A "MARKET" RATE, BIDS TO PREVENT ALL-HOLD AUCTIONS, PRIORITIZATION OF BIDS, SUBMISSION OR REVISION OF BIDS AFTER DEADLINES, ALLOCATION OF SECURITIES, PARTIAL ORDERS, EXPRESS OR TACTIC UNDERSTANDING TO PROVIDE HIGHER RETURNS, AND PRICE TALK. Initiated By: SECURITIES AND EXCHANGE COMMISSION Date Initiated: 05/31/2006 Docket/Case Number: 3-12310

Principal Product Type: Debt - Municipal Other Product Type(s): CORPORATE BONDS, PREFERRED STOCK ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 67 www.finra.org/brokercheck User Guidance

Other Product Type(s): CORPORATE BONDS, PREFERRED STOCK Principal Sanction(s)/Relief Censure Sought: Other Sanction(s)/Relief CIVIL PENALTIES, CEASE & DESIST AND CERTAIN UNDERTAKINGS Sought:

Resolution: Order Resolution Date: 05/31/2006 Sanctions Ordered: Censure Monetary/Fine $125,000.00 Cease and Desist/Injunction Other Sanctions Ordered: NOT LATER THAN 6 MONTHS AFTER THE ENTRY OF THIS ORDER, RESPONDENT SHALL PROVIDE ALL OF ITS CUSTOMERS WHO HOLD AUCTION RATE SECURITIES ("HOLDERS") AND THE ISSUERS OF SUCH SECURITIES ("ISSUERS") WITH A WRITTEN DESCRIPTION OF THE RESPONDENT'S MATERIAL AUCTION PRACTICES AND PROCEDURES. FURTHERMORE, COMMENCING NOT LATER THAN 3 MONTHS AFTER THE ENTRY OF THIS ORDER, A.G. EDWARDS SHALL AT ALL TIMES MAKE A DESCRIPTION OF ITS THEN-CURRENT MATERIAL AUCTION PRACTICES AND PROCEDURES AVAILABLE TO (1) ALL CUSTOMERS AND BROKER- DEALERS WHO ARE PARTICIPATING THROUGH SUCH RESPONDENT IN AN AUCTION OF AUCTION RATE SECURITIES ON THE PORTION OF ITS WEBSITE THAT IS ACCESSIBLE TO SUCH CUSTOMERS AND BROKER- DEALERS AND IS RELATED TO SUCH AUCTION AND (2) THE GENERAL PUBLIC ON ANOTHER PORTION OF ITS WEBSITE ACCESSIBLE TO THE GENERAL PUBLIC. NOT LATER THAN 6 MONTHS AFTER THE DATE OF THIS ORDER, UNLESS OTHERWISE EXTENDED BY THE STAFF OF THE COMMISSION FOR GOOD CAUSE SHOWN, RESPONDENT'S CHIEF EXECUTIVE OFFICER OR GENERAL COUNSEL SHALL CERTIFY IN WRITING TO THE STAFF OF THE COMMISSION THAT A.G. EDWARDS HAS IMPLEMENTED PROCEDURES THAT ARE REASONABLY DESIGNED TO PREVENT AND DETECT FAILURES BY RESPONDENT TO CONDUCT THE AUCTION PROCESS IN ACCORDANCE WITH THE AUCTION PROCEDURES DISCLOSED IN THE DISCLOSURE DOCUMENTS AND ANY SUPPLEMENTAL DISCLOSURES AND THAT THE RESPONDENT IS IN COMPLIANCE WITH THIS ORDER. Sanction Details: WITHOUT ADMITTING OR DENYING THE FINDINGS, A.G. EDWARDS CONSENTED TO THE ENTRY OF THIS ORDER; ACCORDINGLY, PURSUANT TO SECTION 8A OF THE SECURITIES ACT AND SECTION 15(B) OF THE EXCHANGE ACT, IS ORDERED THAT A.G. EDWARDS IS CENSURED, SHALL CEASE AND DESIST FROM COMMITTING OR CAUSING ANY VIOLATIONS AND ANY FUTURE VIOLATIONS OF SECTION 17(A)(2) OF THE SECURITIES ACT; AND SHALL, WITHIN 10 DAYS OF THE ENTRY OF THIS ORDER, PAY A ©2021 FINRA. All rights reserved. Report aboutCIVIL A. MONEYG. EDWARDS PENALTY & SONS, OFINC. $125,000 TO THE UNITED STATES TREASURY. 68 WITHOUT ADMITTING OR DENYING THE FINDINGS, A.G. EDWARDS CONSENTED TO THE ENTRY OF THIS ORDER; ACCORDINGLY, PURSUANT www.finra.org/brokercheck TO SECTION 8A OF THE SECURITIES ACT AND SECTION 15(B) OF THE User Guidance EXCHANGE ACT, IS ORDERED THAT A.G. EDWARDS IS CENSURED, SHALL CEASE AND DESIST FROM COMMITTING OR CAUSING ANY VIOLATIONS AND ANY FUTURE VIOLATIONS OF SECTION 17(A)(2) OF THE SECURITIES ACT; AND SHALL, WITHIN 10 DAYS OF THE ENTRY OF THIS ORDER, PAY A CIVIL MONEY PENALTY OF $125,000 TO THE UNITED STATES TREASURY. i Disclosure 20 of 75 Reporting Source: Regulator Current Status: Final Allegations: NASD RULES 1021, 2110, 2320, 3010 - THE FIRM FAILED TO USE REASONABLE DILIGENCE TO ASCERTAIN THE BEST INTER-DEALER MARKET AND FAILED TO BUY OR SELL IN SUCH MARKET SO THAT THE RESULTANT PRICE TO ITS CUSTOMERS WAS FAVORABLE AS POSSIBLE UNDER PREVAILING MARKET CONDITIONS. THE FINDINGS STATED THAT THE FIRM FAILED TO ESTABLISH, MAINTAIN AND ENFORCE WRITTEN PROCEDURES FOR ITS FIXED INCOME DEPARTMENT, TO SUPERVISE THE ACTIVITIES OF ITS ASSOCIATED PERSONS THAT WERE REASONABLY DESIGNED TO ACHIEVE COMPLIANCE WITH THE APPLICABLE LAWS AND REGULATIONS, AND THE RULES OF NASD. THE FINDINGS ALSO STATED THAT THE FIRM FAILED TO REGISTER TWO INDIVIDUALS AS PRINCIPALS OF THE FIRM WHEN EACH WAS ACTIVELY ENGAGED IN THE MANAGEMENT OF ITS SECURITIES BUSINESS AS SUPERVISORS. Initiated By: NASD Date Initiated: 07/25/2006 Docket/Case Number: 2005000163102

Principal Product Type: Other Other Product Type(s): BONDS Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 07/25/2006 Does the order constitute a No final order based on violations of any laws or regulations that prohibit fraudulent, manipulative, or deceptive conduct? Sanctions Ordered: Censure Monetary/Fine $125,000.00 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 69 Disgorgement/Restitution www.finra.org/brokercheck User Guidance

Sanctions Ordered: Censure Monetary/Fine $125,000.00 Disgorgement/Restitution Other Sanctions Ordered: Sanction Details: WITHOUT ADMITTING OR DENYING THE FINDINGS, A.G. EDWARDS & SONS, INC., CONSENTED TO THE DESCRIBED SANCTIONS AND TO THE ENTRY OF FINDINGS, THEREFORE, THE FIRM IS CENSURED, FINED $125,000 AND ORDERED TO PAY $17,017.50 PLUS INTEREST, IN RESTITUTION TO PUBLIC CUSTOMERS. i Reporting Source: Firm Current Status: Final Allegations: THE NASD IS ALLEGING VIOLATION OF THE BEST EXECUTION RULE, FAILURE TO ESTABLISH AND ENFORCE WRITTEN SUPERVISORY PROCEDURES, AND FAILURE TO REGISTER TWO EMPLOYEES AS PRINCIPALS. Initiated By: NASD Date Initiated: 10/18/2005 Docket/Case Number: 20050001631-02

Principal Product Type: Debt - Corporate Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief NASD INVESTIGATION Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 07/25/2006 Sanctions Ordered: Censure Monetary/Fine $125,000.00 Disgorgement/Restitution Other Sanctions Ordered: Sanction Details: WITHOUT ADMITTING OR DENYING THE FINDINGS, A.G. EDWARDS & SONS, INC., CONSENTED TO THE DESCRIBED SANCTIONS AND TO THE ENTRY OF FINDINGS, THEREFORE, THE FIRM IS CENSURED, FINED $125,000 AND ORDERED TO PAY $17,017.50 PLUS INTEREST, IN RESTITUTION TO PUBLIC CUSTOMERS.

i Disclosure 21 of 75 Reporting Source: Regulator Current Status: Final Allegations: RESPONDENT, THROUGH ITS AGENT, DANIEL M. SCHMIDT, ENGAGED IN UNAUTHORIZED TRADING IN OPTIONS TRANSACTIONS IN THE ACCOUNT OF A NORTH DAKOTA RESIDENT. MANY OF THE TRANSACTIONS WERE ALSO IMPROPERLY MARKED "UNSOLICITED". Initiated By: NORTH DAKOTA Date Initiated: 08/11/2005 Docket/Case Number: URL for Regulatory Action: Principal Product Type: Options Other Product Type(s): Principal Sanction(s)/Relief Civil and Administrative Penalt(ies) /Fine(s) Sought: Other Sanction(s)/Relief Sought:

Resolution: Consent Resolution Date: 01/23/2007 Does the order constitute a No final order based on violations of any laws or regulations that prohibit fraudulent, manipulative, or deceptive conduct? Sanctions Ordered: Monetary/Fine $10,000.00 Other Sanctions Ordered: Sanction Details: $10,000.00 CIVIL PENALTY COLLECTED. i Reporting Source: Firm Current Status: Final Allegations: THE STATE OF NORTH DAKOTA HAS FILED AN ORDER FOR AND NOTICE OF CIVIL PENALTY AND NOTICE OF RIGHT TO REQUEST A HEARING ©2021 FINRA. All rights reserved. Report aboutREGARDING A. G. EDWARDS ALLEGATIONS & SONS, INC. OF UNAUTHORIZED TRADING BY A FORMER 71 EMPLOYEE. A.G. EDWARDS HAS REQUESTED A HEARING. www.finra.org/brokercheck User Guidance

Allegations: THE STATE OF NORTH DAKOTA HAS FILED AN ORDER FOR AND NOTICE OF CIVIL PENALTY AND NOTICE OF RIGHT TO REQUEST A HEARING REGARDING ALLEGATIONS OF UNAUTHORIZED TRADING BY A FORMER EMPLOYEE. A.G. EDWARDS HAS REQUESTED A HEARING. Initiated By: STATE OF NORTH DAKOTA Date Initiated: 08/15/2005 Docket/Case Number: N/A

Principal Product Type: Other Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief Sought:

Resolution: Consent Resolution Date: 01/23/2007 Sanctions Ordered: Monetary/Fine $10,000.00 Other Sanctions Ordered: A.G. EDWARDS SHALL PROPERLY SUPERVISE THE ACTIVITIES OF ITS AGENTS WITH REGARD TO ALL SECURITIES RELATED ACTIVITY IN NORTH DAKOTA. Sanction Details: AS A RESULT OF ITS HEARING, A.G. EDWARDS SHALL PAY A CIVIL PENALTY OF $10,000. Firm Statement AS A RESULT OF ITS HEARING, A.G. EDWARDS SHALL PAY A CIVIL PENALTY OF $10,000. i Disclosure 22 of 75 Reporting Source: Regulator Current Status: Final Allegations: SUITABILITY-RESPONDENT RECOMMENDED SEVERAL MUTUAL FUND INVESTMENTS IN A SHARES WITHOUT THE CORRESPONDING BENEFIT OF BREAKPOINTS. AMOUNT INVESTED WAS $360,000. Initiated By: NEW HAMPSHIRE BUREAU OF SECURITIES REGULATION Date Initiated: 02/11/2005 Docket/Case Number: COM02-012 URL for Regulatory Action: ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 72 www.finra.org/brokercheck User Guidance

URL for Regulatory Action: Principal Product Type: Mutual Fund(s) Other Product Type(s): NA Principal Sanction(s)/Relief Restitution Sought: Other Sanction(s)/Relief ADMINISTRATIVE FINE AND COSTS. Sought:

Resolution: Consent Resolution Date: 07/28/2005 Does the order constitute a No final order based on violations of any laws or regulations that prohibit fraudulent, manipulative, or deceptive conduct? Sanctions Ordered: Monetary/Fine $2,000.00 Disgorgement/Restitution Other Sanctions Ordered: $3,000 IN COSTS. Sanction Details: SAME AS ABOVE. Regulator Statement SAME AS ABOVE. i Reporting Source: Firm Current Status: Final Allegations: ALLEGED UNSUITABLE RECOMMENDATION IN THAT REGISTERED REPRESENTATIVE FAILED TO RECOMMEND A SHARE RATHER THAN B SHARE PURCHASES OF MUTUAL FUNDS. Initiated By: STATE OF NEW HAMPSHIRE BUREAU OF SECURITITES REGULATION Date Initiated: 07/28/2005 Docket/Case Number: COM02-012

Principal Product Type: Mutual Fund(s) Other Product Type(s): Principal Sanction(s)/Relief Civil and Administrative Penalt(ies) /Fine(s) Sought: Other Sanction(s)/Relief ©2021Sought: FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 73 www.finra.org/brokercheck User Guidance

Other Sanction(s)/Relief Sought:

Resolution: Consent Resolution Date: 07/28/2005 Sanctions Ordered: Monetary/Fine $2,000.00 Other Sanctions Ordered: 1.)RESPONDENT PAY COSTS IN THE AMOUNT OF $3,000 2.)RESPONDENT PAY RESTITUTION IN THE AMOUNT OF $20,000 Sanction Details: PAID FINE AND RESTITUTION ON 08/03/05. i Disclosure 23 of 75 Reporting Source: Regulator Current Status: Final Allegations: RESPONDENT CREATED A SYSTEM AND CULTURE THAT ALLOWED REPRESENTATIVES TO ENGAGE IN AN ILLEGAL MARKET TIMING ACTIVITIES. RESPONDENT ALLOWED SUPERVISORS TO IGNORE INDICATIONS OF IRREGULARITIES OR "RED FLAGS." RESPONDENT FAILED TO ADEQUATELY SUPERIVSE REPRESENTATIVES. Initiated By: MASSACHUSETTS SECURITIES DIVISION Date Initiated: 02/02/2005 Docket/Case Number: E-2004-0019 URL for Regulatory Action: Principal Product Type: Mutual Fund(s) Other Product Type(s): Principal Sanction(s)/Relief Civil and Administrative Penalt(ies) /Fine(s) Sought: Other Sanction(s)/Relief CEASE AND DESIST ORDER; COMPENSATION TO MUTUAL FUND Sought: SHAREHOLDERS FOR LOSSES ATTRIBUTABLE TO MARKET TIMING ACTIVITY

Resolution: Order Resolution Date: 08/25/2009 Does the order constitute a No final order based on violations of any laws or regulations that prohibit fraudulent, manipulative, or ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 74 deceptive conduct? www.finra.org/brokercheck User Guidance

Does the order constitute a No final order based on violations of any laws or regulations that prohibit fraudulent, manipulative, or deceptive conduct? Sanctions Ordered: Censure Monetary/Fine $500,000.00 Cease and Desist/Injunction Other Sanctions Ordered: Sanction Details: $500,000.00 FINE IMPOSED, NONE OF THE PORTION WAS WAIVED. i Reporting Source: Firm Current Status: Pending Allegations: THE ADMINISTRATIVE COMPLAINT ALLEGES THAT A FORMER BROKER IN ONE OF THE FIRMS OFFICES ASSISTED TWO CUSTOMERS IN IMPROPER MARKET TIMING ACTIVITIES. THE COMPLAINT FURTHER ALLEGED, AMONG OTHER THINGS, THAT THE FIRM FAILED TO ADEQUATELY SUPERVISE THE BROKER. Initiated By: STATE OF MASSACHUSETTS Date Initiated: 02/02/2005 Docket/Case Number: E-2004-0019

Principal Product Type: Mutual Fund(s) Other Product Type(s): Principal Sanction(s)/Relief Cease and Desist Sought: Other Sanction(s)/Relief COMPENSATION TO MUTUAL FUND SHAREHOLDERS FOR LOSSES Sought: ATTRIBUTABLE TO MARKET TIMING ACTIVITY i Disclosure 24 of 75 Reporting Source: Regulator Current Status: Final Allegations: MSRB RULES G-17 AND G-30 (A) – DURING THE PERIOD FROM ON OR ABOUT JULY 29,2002 THROUGH ON OR ABOUT MAY 8, 2003, PUBLIC CUSTOMERS REQUESTED THAT A. G. EDWARDS & SONS, INC. LIQUIDATE FIVE DIFFERENT MUNICIPAL SECURITY POSITIONS. A. G. EDWARDS & ©2021 FINRA. All rights reserved. Report aboutSONS, A. G. INC. EDWARDS CONTACTED & SONS, INC. A BROKER'S BROKER AND OBTAINED BIDS FOR 75 THE CUSTOMERS' SECURITIES. BASED ON THE BIDS PROVIDED BY THE BROKER'S BROKER, THE FIRM PURCHASED THE SECURITIES FROM THE CUSTOMERS FOR ITS OWN ACCOUNT AND THEN SOLD THE SECURITIES TO THE BROKER'S BROKER AT A NOMINAL GAIN. IN ALL FIVE INSTANCES, THE PRICES PAID TO THE CUSTOMERS, AND RECEIVED BY THE FIRM, WERE BELOW THE FAIR MARKET VALUE OF THE SECURITY IN AN AMOUNT RANGING FROM 7.15% TO 22.22%. BY RELYING SOLELY ON THE BIDS PROVIDED BY THE BROKER'S BROKER TO DETERMINE THE FAIR MARKET VALUE OF THE SECURITY, A. G. EDWARDS & SONS, INC. FAILED TO ENSURE THAT THE TRANSACTIONS WERE EXECUTED AT AGGREGATE PRICES THAT WERE FAIR AND REASONABLE. www.finra.org/brokercheck User Guidance MSRB RULES G-17 AND G-30 (A) – DURING THE PERIOD FROM ON OR ABOUT JULY 29,2002 THROUGH ON OR ABOUT MAY 8, 2003, PUBLIC CUSTOMERS REQUESTED THAT A. G. EDWARDS & SONS, INC. LIQUIDATE FIVE DIFFERENT MUNICIPAL SECURITY POSITIONS. A. G. EDWARDS & SONS, INC. CONTACTED A BROKER'S BROKER AND OBTAINED BIDS FOR THE CUSTOMERS' SECURITIES. BASED ON THE BIDS PROVIDED BY THE BROKER'S BROKER, THE FIRM PURCHASED THE SECURITIES FROM THE CUSTOMERS FOR ITS OWN ACCOUNT AND THEN SOLD THE SECURITIES TO THE BROKER'S BROKER AT A NOMINAL GAIN. IN ALL FIVE INSTANCES, THE PRICES PAID TO THE CUSTOMERS, AND RECEIVED BY THE FIRM, WERE BELOW THE FAIR MARKET VALUE OF THE SECURITY IN AN AMOUNT RANGING FROM 7.15% TO 22.22%. BY RELYING SOLELY ON THE BIDS PROVIDED BY THE BROKER'S BROKER TO DETERMINE THE FAIR MARKET VALUE OF THE SECURITY, A. G. EDWARDS & SONS, INC. FAILED TO ENSURE THAT THE TRANSACTIONS WERE EXECUTED AT AGGREGATE PRICES THAT WERE FAIR AND REASONABLE. Initiated By: NASD Date Initiated: 07/21/2004 Docket/Case Number: C05040056

Principal Product Type: Debt - Municipal Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 07/21/2004 Does the order constitute a No final order based on violations of any laws or regulations that prohibit fraudulent, manipulative, or deceptive conduct? Sanctions Ordered: Censure Monetary/Fine $5,000.00 Disgorgement/Restitution Other Sanctions Ordered: UNDERTAKINGS Sanction Details: WITHOUT ADMITTING OR DENYING THE ALLEGATIONS, A. G. EDWARDS & SONS, INC. CONSENTED TO THE DESCRIBED SANCTIONS AND TO THE ENTRY OF FINDINGS; THEREFORE, THE FIRM IS CENSURED AND FINED IN THE AMOUNT $5000.00. ADDITIONALLY, A. G. EDWARDS & SONS, INC. SHALL PAY CUSTOMER RESTITUTION IN THE AMOUNT OF $4549.90, PLUS ©2021 FINRA. All rights reserved. Report aboutINTEREST. A. G. EDWARDS THE IMPOSITION & SONS, INC. OF A RESTITUTION ORDER OR ANY OTHER 76 MONETARY SANCTION HEREIN DOES NOT PRECLUDE THE CUSTOMER FROM PURSUING ITS OWN ACTION TO OBTAIN RESTITUTION OR OTHER REMEDIES. SATISFACTORY PROOF OF PAYMENT OF RESTITUTION SHALL BE PROVIDED TO NASD NO LATER THAN 90 DAYS AFTER ACCEPTANCE OF THIS AWC. ADDITIONALLY, WITHIN 90 DAYS OF THE ACCEPTANCE OF THIS AWC, THE FIRM SHALL PROVIDE NASD WITH A COPY OF ITS UPDATED SUPERVISORY PROCEDURES AS THEY RELATE TO THE DETERMINATION OF THE FAIR MARKET VALUE OF MUNICIPAL SECURITIES BEING BOUGHT OR SOLD FROM A PUBLIC CUSTOMER. www.finra.org/brokercheck WITHOUT ADMITTING OR DENYING THE ALLEGATIONS, A. G. EDWARDS & User Guidance SONS, INC. CONSENTED TO THE DESCRIBED SANCTIONS AND TO THE ENTRY OF FINDINGS; THEREFORE, THE FIRM IS CENSURED AND FINED IN THE AMOUNT $5000.00. ADDITIONALLY, A. G. EDWARDS & SONS, INC. SHALL PAY CUSTOMER RESTITUTION IN THE AMOUNT OF $4549.90, PLUS INTEREST. THE IMPOSITION OF A RESTITUTION ORDER OR ANY OTHER MONETARY SANCTION HEREIN DOES NOT PRECLUDE THE CUSTOMER FROM PURSUING ITS OWN ACTION TO OBTAIN RESTITUTION OR OTHER REMEDIES. SATISFACTORY PROOF OF PAYMENT OF RESTITUTION SHALL BE PROVIDED TO NASD NO LATER THAN 90 DAYS AFTER ACCEPTANCE OF THIS AWC. ADDITIONALLY, WITHIN 90 DAYS OF THE ACCEPTANCE OF THIS AWC, THE FIRM SHALL PROVIDE NASD WITH A COPY OF ITS UPDATED SUPERVISORY PROCEDURES AS THEY RELATE TO THE DETERMINATION OF THE FAIR MARKET VALUE OF MUNICIPAL SECURITIES BEING BOUGHT OR SOLD FROM A PUBLIC CUSTOMER. i Reporting Source: Firm Current Status: Final Allegations: MSRB RULES G-17 AND G-30 (A) – DURING THE PERIOD FROM ON OR ABOUT JULY 29,2002 THROUGH ON OR ABOUT MAY 8, 2003, PUBLIC CUSTOMERS REQUESTED THAT A. G. EDWARDS & SONS, INC. LIQUIDATE FIVE DIFFERENT MUNICIPAL SECURITY POSITIONS. A. G. EDWARDS & SONS, INC. CONTACTED A BROKER'S BROKER AND OBTAINED BIDS FOR THE CUSTOMERS' SECURITIES. BASED ON THE BIDS PROVIDED BY THE BROKER'S BROKER, THE FIRM PURCHASED THE SECURITIES FROM THE CUSTOMERS FOR ITS OWN ACCOUNT AND THEN SOLD THE SECURITIES TO THE BROKER'S BROKER AT A NOMINAL GAIN. IN ALL FIVE INSTANCES, THE PRICES PAID TO THE CUSTOMERS, AND RECEIVED BY THE FIRM, WERE BELOW THE FAIR MARKET VALUE OF THE SECURITY IN AN AMOUNT RANGING FROM 7.15% TO 22.22%. BY RELYING SOLELY ON THE BIDS PROVIDED BY THE BROKER'S BROKER TO DETERMINE THE FAIR MARKET VALUE OF THE SECURITY, A. G. EDWARDS & SONS, INC. FAILED TO ENSURE THAT THE TRANSACTIONS WERE EXECUTED AT AGGREGATE PRICES THAT WERE FAIR AND REASONABLE Initiated By: NASD Date Initiated: 07/21/2004 Docket/Case Number: C05040056

Principal Product Type: Debt - Municipal Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 07/21/2004 Sanctions Ordered: Censure Monetary/Fine $5,000.00 Disgorgement/Restitution Other Sanctions Ordered: UNDERTAKINGS Sanction Details: WITHOUT ADMITTING OR DENYING THE ALLEGATIONS, A. G. EDWARDS & SONS, INC. CONSENTED TO THE DESCRIBED SANCTIONS AND TO THE ENTRY OF FINDINGS; THEREFORE, THE FIRM IS CENSURED AND FINED IN THE AMOUNT $5000.00. ADDITIONALLY, A. G. EDWARDS & SONS, INC. SHALL PAY CUSTOMER RESTITUTION IN THE AMOUNT OF $4549.90, PLUS INTEREST. THE IMPOSITION OF A RESTITUTION ORDER OR ANY OTHER MONETARY SANCTION HEREIN DOES NOT PRECLUDE THE CUSTOMER FROM PURSUING ITS OWN ACTION TO OBTAIN RESTITUTION OR OTHER REMEDIES. SATISFACTORY PROOF OF PAYMENT OF RESTITUTION SHALL BE PROVIDED TO NASD NO LATER THAN 90 DAYS AFTER ACCEPTANCE OF THIS AWC. ADDITIONALLY, WITHIN 90 DAYS OF THE ACCEPTANCE OF THIS AWC, THE FIRM SHALL PROVIDE NASD WITH A COPY OF ITS UPDATED SUPERVISORY PROCEDURES AS THEY RELATE TO THE DETERMINATION OF THE FAIR MARKET VALUE OF MUNICIPAL SECURITIES BEING BOUGHT OR SOLD FROM A PUBLIC CUSTOMER. i Disclosure 25 of 75 Reporting Source: Firm Current Status: Final Allegations: THE STATE OF GEORGIA IS CURRENTLY INVESTIGATING A.G. EDWARDS & SONS, INC. AND TWO OF ITS FORMER AGENTS. Initiated By: STATE OF GEORGIA Date Initiated: 01/09/2004 Docket/Case Number: EN-9284

Principal Product Type: Other Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief Sought:

Resolution: Order Resolution Date: 04/07/2004 Sanctions Ordered: Monetary/Fine $500,000.00 Other Sanctions Ordered: PAY THE COMMISSIONER $200000.00 AS REIMBURSEMENT FOR INVESTIGATIVE COSTS AND EXPENSES INCURRED IN CONNECTION WITH THIS INVESTIGATION. Sanction Details: SEE ABOVE. Firm Statement A.G. EDWARDS ENTERED INTO A CONSENT ORDER WITH THE STATE OF GEORGIA REGARDING ALLEGATIONS OF VIOLATIONS OF GEORGIA SECURITIES LAWS BY TWO OF ITS EMPLOYEES, WILLIAM GIBBS AND SUSAN SACCONE. i Disclosure 26 of 75 Reporting Source: Firm Current Status: Final Allegations: SEE#13 Initiated By: NEBRASKA BUREAU OF SECURITIES Date Initiated: 05/09/2003 Docket/Case Number:

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Civil and Administrative Penalt(ies) /Fine(s) Sought: Other Sanction(s)/Relief Sought:

Resolution: Order Resolution Date: 06/11/2003 Sanctions Ordered: Monetary/Fine $20,000.00 Other Sanctions Ordered: Sanction Details: SEE #13 Firm Statement THE NEBRASKA DEPT. OF BANKING AND FINANCE HAD INVESTIGATED THE ACTS OF EDWARDS AND AS A RESULT OF THE INVESTIGATION EDWARDS HAS ENTERED INTO A FINDINGS OF FACT, CONCLUSION OF LAW AND ©2021 FINRA. All rights reserved. Report aboutCONSENT A. G. EDWARDS ORDER. & SONS, THIS INC. IS IN RELATION TO AN BRANCH MANAGER AND AN 79 FC IN OUR OMAHA, NE OFFICE. www.finra.org/brokercheck User Guidance THE NEBRASKA DEPT. OF BANKING AND FINANCE HAD INVESTIGATED THE ACTS OF EDWARDS AND AS A RESULT OF THE INVESTIGATION EDWARDS HAS ENTERED INTO A FINDINGS OF FACT, CONCLUSION OF LAW AND CONSENT ORDER. THIS IS IN RELATION TO AN BRANCH MANAGER AND AN FC IN OUR OMAHA, NE OFFICE. i Disclosure 27 of 75 Reporting Source: Firm Current Status: Final Allegations: FAILURE TO REPORT TO FIPS 28 TRANSACTIONSIN FIPS SECURITIES WITHIN FIVE MINUTES OF EXECUTION. Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS Date Initiated: 02/26/2003 Docket/Case Number: CMS030009 AWC

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Civil and Administrative Penalt(ies) /Fine(s) Sought: Other Sanction(s)/Relief Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 03/10/2003 Sanctions Ordered: Monetary/Fine $5,000.00 Other Sanctions Ordered: Sanction Details: WITHOUT ADMITTING OR DENYING THE ALLEGATION A.G. EDWARDS AGREED TO A $5000 FINE. i Disclosure 28 of 75 Reporting Source: Regulator Current Status: Final Allegations: **08/14/2002** STIPULATION AND CONSENT TO PENALTY FILED BY NYSE DIVISION OF ENFORCEMENT AND PENDING CONSENTED TO FINDINGS: (1) VIOLATED EXCHANGE RULE 342 IN THAT THE FIRM FAILED TO ESTABLISH AND MAINTAIN APPROPRIATE PROCEDURES FOR SUPERVISION AND CONTROL, INCLUDING A SEPARATE SYSTEM OF FOLLOW-UP AND REVIEW, TO ENSURE COMPLIANCE WITH EXCHANGE RULES AND FEDERAL SECURITIES LAWS, WITH RESPECT TO: A. THE MARKETING AND SALE OF ©2021 FINRA. All rights reserved. Report aboutCALLABLE A. G. EDWARDS CDS; B. & SONS,THE RECOMMENDATION INC. AND SALE OF ONE OR MORE 80 SECURITIES TO ONE OR MORE CUSTOMERS WHICH WAS UNSUITABLE IN LIGHT OF THE CUSTOMER’S AGE, INVESTMENT OBJECTIVES, FINANCIAL RESOURCES AND/OR THE CONCENTRATION LEVELS OF THE SECURITY IN THE CUSTOMER’S ACCOUNT; C. PRODUCING BOMS WHO HANDLED THEIR OWN CUSTOMER ACCOUNTS REVIEWED AND APPROVED THEIR OWN CORRESPONDENCE AND COMMUNICATIONS WITH THE PUBLIC, ACCOUNT DESIGNATION CHANGES, AND ORDER ERRORS; D. MAINTAINING ACCURATE CUSTOMER ACCOUNT INFORMATION; E. EMPLOYEE TRADING OF SECURITIES ON FIRM RESEARCH DEPARTMENT’S RESTRICTED SECURITIES LIST; F. ACCOUNT STATEMENT PRICING OF BOND AND MUTUAL FUND POSITIONS; G. TIMELY ALLOCATION OF ORDERS; H. EXTENSION OF CREDIT; I. PREVENTING STATUTORILY DISQUALIFIED INDIVIDUALS FROM BEING ASSOCIATED WITH THE FIRM. (2) ENGAGED IN CONDUCT INCONSISTENT WITH JUST AND EQUITABLE PRINCIPLES OF TRADE IN THAT IT: (I) RECOMMENDED AND SOLD SECURITIES TO CUSTOMERS WHICH WERE UNSUITABLE IN VIEW OF THE CUSTOMERS’ AGE, INVESTMENT OBJECTIVES, INVESTMENT EXPERIENCE, FINANCIAL RESOURCES AND/OR THE CONCENTRATION LEVELS OF THE SECURITY IN THE CUSTOMERS’ ACCOUNT, AND (II) MADE MISREPRESENTATIONS AND/OR OMITTED TO DISCLOSE MATERIAL FACTS TO CUSTOMERS, IN CONNECTION WITH THE SOLICITATION AND/OR SALE OF SECURITIES TO CUSTOMERS. (3) VIOLATED EXCHANGE RULE 410 IN THAT THE FIRM EFFECTED ACCOUNT DESIGNATION CHANGES AND ORDER ERRORS WITHOUT PRIOR WRITTEN AUTHORIZATION BY A PERSON DESIGNATED UNDER RULE 342(B)(1). **08/14/2002** STIPULATION AND CONSENT TO PENALTY FILED BY NYSE DIVISION OF ENFORCEMENT AND PENDING CONSENTED TO FINDINGS: (1) VIOLATED EXCHANGE RULE 342 IN THAT THE FIRM FAILED TO ESTABLISH www.finra.org/brokercheck AND MAINTAIN APPROPRIATE PROCEDURES FOR SUPERVISION AND User Guidance CONTROL, INCLUDING A SEPARATE SYSTEM OF FOLLOW-UP AND REVIEW, TO ENSURE COMPLIANCE WITH EXCHANGE RULES AND FEDERAL SECURITIES LAWS, WITH RESPECT TO: A. THE MARKETING AND SALE OF CALLABLE CDS; B. THE RECOMMENDATION AND SALE OF ONE OR MORE SECURITIES TO ONE OR MORE CUSTOMERS WHICH WAS UNSUITABLE IN LIGHT OF THE CUSTOMER’S AGE, INVESTMENT OBJECTIVES, FINANCIAL RESOURCES AND/OR THE CONCENTRATION LEVELS OF THE SECURITY IN THE CUSTOMER’S ACCOUNT; C. PRODUCING BOMS WHO HANDLED THEIR OWN CUSTOMER ACCOUNTS REVIEWED AND APPROVED THEIR OWN CORRESPONDENCE AND COMMUNICATIONS WITH THE PUBLIC, ACCOUNT DESIGNATION CHANGES, AND ORDER ERRORS; D. MAINTAINING ACCURATE CUSTOMER ACCOUNT INFORMATION; E. EMPLOYEE TRADING OF SECURITIES ON FIRM RESEARCH DEPARTMENT’S RESTRICTED SECURITIES LIST; F. ACCOUNT STATEMENT PRICING OF BOND AND MUTUAL FUND POSITIONS; G. TIMELY ALLOCATION OF ORDERS; H. EXTENSION OF CREDIT; I. PREVENTING STATUTORILY DISQUALIFIED INDIVIDUALS FROM BEING ASSOCIATED WITH THE FIRM. (2) ENGAGED IN CONDUCT INCONSISTENT WITH JUST AND EQUITABLE PRINCIPLES OF TRADE IN THAT IT: (I) RECOMMENDED AND SOLD SECURITIES TO CUSTOMERS WHICH WERE UNSUITABLE IN VIEW OF THE CUSTOMERS’ AGE, INVESTMENT OBJECTIVES, INVESTMENT EXPERIENCE, FINANCIAL RESOURCES AND/OR THE CONCENTRATION LEVELS OF THE SECURITY IN THE CUSTOMERS’ ACCOUNT, AND (II) MADE MISREPRESENTATIONS AND/OR OMITTED TO DISCLOSE MATERIAL FACTS TO CUSTOMERS, IN CONNECTION WITH THE SOLICITATION AND/OR SALE OF SECURITIES TO CUSTOMERS. (3) VIOLATED EXCHANGE RULE 410 IN THAT THE FIRM EFFECTED ACCOUNT DESIGNATION CHANGES AND ORDER ERRORS WITHOUT PRIOR WRITTEN AUTHORIZATION BY A PERSON DESIGNATED UNDER RULE 342(B)(1). Initiated By: NEW YORK STOCK EXCHANGE Date Initiated: 08/14/2002 Docket/Case Number: HPD# 02-196

Principal Product Type: Other Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Decision Resolution Date: 11/08/2002 Sanctions Ordered: Censure Monetary/Fine $400,000.00 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 81 www.finra.org/brokercheck User Guidance

Censure Monetary/Fine $400,000.00 Other Sanctions Ordered: Sanction Details: (4) VIOLATED EXCHANGE RULE 405(2) IN THAT THE FIRM FAILED TO SUPERVISE DILIGENTLY ALL ACCOUNTS HANDLED BY REGISTERED REPRESENTATIVES IN CONNECTION WITH THE MARKETING AND SALE OF CALLABLE CDS AND HIGH YIELD BONDS, ACCOUNT DESIGNATION CHANGES, ORDER ERRORS AND CORRESPONDENCE, COMMUNICATIONS WITH THE PUBLIC, AND EXTENSIONS OF CREDIT. (5) VIOLATED EXCHANGE RULES 405 AND 401 IN THAT THE FIRM FAILED TO USE DUE DILIGENCE TO LEARN ESSENTIAL FACTS RELATIVE TO CUSTOMERS’ ACCOUNTS AND FAILED TO ADHERE TO PRINCIPLES OF GOOD BUSINESS PRACTICE IN THE CONDUCT OF ITS BUSINESS AFFAIRS IN CONNECTION WITH: (A) THE MARKETING AND SALE OF CALLABLE CDS; (B) MAINTAINING ACCURATE CUSTOMER ACCOUNT INFORMATION; (C) THE PRICING OF CERTAIN SECURITIES ON CUSTOMER ACCOUNT STATEMENTS; (D) POLICIES AND PROCEDURES REGARDING EMPLOYEE TRADING OF SECURITIES ON FIRM’S RESEARCH RESTRICTED LIST; AND (E) EXTENSIONS OF CREDIT. Regulator Statement (6) VIOLATED EXCHANGE RULES 410 AND 440, AND SEC RULES 17A-3 AND 17A-4 IN THAT THE FIRM FAILED TO MAKE AND PRESERVE REQUIRED AND TIMELY RECORDS RELATING TO DESIGNATION AND EXECUTION OF CUSTOMER ORDERS. (7) VIOLATED SECTION 220.8(B) AND (C) OF REGULATION T, IN THAT THE FIRM FAILED TO ADEQUATELY ADHERE TO REQUIREMENTS WITH RESPECT TO THE IMPOSITION OF 90 DAY RESTRICTIONS ON CERTAIN CUSTOMER ACCOUNTS AS REQUIRED BY REGULATION T. STIPULATED SANCTION: CENSURE, A FINE OF $400,000 AND AN UNDERTAKING TO RETAIN AN OUTSIDE CONSULTANT, NOT UNACCEPTABLE TO THE EXCHANGE, TO CONDUCT A REVIEW OF THE FIRM’S POLICIES, PROCEDURES, PRACTICES, AND SUPERVISORY SYSTEMS RELATING TO THE VIOLATIONS DESCRIBED HEREIN, AND PREPARE A REPORT OF SUCH SYSTEMS AND PROCEDURES, INCLUDING RECOMMENDATIONS FOR ADDITIONAL SYSTEMS AND PROCEDURES, IF NECESSARY, REASONABLY DESIGNED TO ENSURE COMPLIANCE WITH FEDERAL SECURITIES LAWS AND EXCHANGE RULES AND TO PREVENT RECURRENCE OF THE VIOLATIONS DESCRIBED HEREIN, AND SUBMIT SUCH REPORT AND RECOMMENDATIONS, IF NECESSARY, TO THE EXCHANGE WITHIN 120 DAYS FROM THE DATE THAT A DECISION ON THIS STIPULATION AND CONSENT BECOMES FINAL. **11/08/2002** THE DECISION IS NOW FINAL AND IS EFFECTIVE IMMEDIATELY. CONTACT: PEGGY GERMINO (212) 656-8450. i Reporting Source: Firm Current Status: Final

Allegations: **08/14/2002**STIPULATION AND CONSENT TO PENALTY FILED BY NYSE DIVISION OF ENFORCEMENT AND PENDING CONSENTED TO FINDINGS: (1) VIOLATED EXCHANGE RULE 342 IN THAT THE FIRM FAILED TO ESTABLISH AND MAINTAIN APPROPRIATE PROCEDURES FOR SUPERVISION AND CONTROL, INCLUDING A SEPARATE SYSTEM OF FOLLOW-UP AND REVIEW, TO ENSURE COMPLIANCE WHAT EXCHANGE RULES AND FEDERAL SECURITIES LAWS, WITH RESPECT TO: A. THE MARKETING AND SALE OF CALLABLE CDS; B. THE RECOMMENDATION AND SALE OF ONE OR MORE SECURITIES TO ONE OR MORE CUSTOMERS WHICH WAS UNSUITABLE IN LIGHT OF THE CUSTOMER'S AGE, INVESTMENT OBJECTIVES, FINANCIAL RESOURCES AND/OR THE CONCENTRATION LEVELS OF THE SECURITY IN THE CUSTOMER'S ACCOUNT; C. PRODUCING BOMS WHO HANDLED THEIR OWN CUSTOMER ACCOUNTS REVIEWED AND APPROVED THEIR OWN CORRESPONDENCE AND COMMUNICATIONS WITH THE PUBLIC, ACCOUNT DESIGNATION CHANGES AND ORDER ERRORS; D. MAINTAINING ACCURATE CUSTOMER ACCOUNT INFORMATION; E. EMPLOYEE TRADING OF SECURITIES ON FIRM RESEARCH DEPARTMENT'S RESTRICTED SECURITIES LIST; F. ACCOUNT STATEMENT PRICING OF BOND AND MUTUAL FUND POSITIONS; G. TIMELY ALLOCATION OF ORDERS; H. EXTENSION OF CREDIT; I. PREVENTING STATUTORILY DISQUALIFIED INDIVIDUALS FROM BEING ASSOCIATED WITH THE FIRM. (2) ENGAGED IN CONDUCT INCONSISTENT WITH JUST AND EQUITABLE PRINCIPLES OF TRADE IN THAT IT: (I) RECOMMENDED AND SOLD SECURITIES TO CUSTOMERS WHICH WERE UNSUITABLE IN VIEW OF THE CUSTOMER'S ACCOUNTS, AND (II) MADE MISREPRESENTATIONS AND/OR OMITTED TO DISCLOSE MATERIAL FACTS TO CUSTOMERS, IN CONNECTION WTH THE SOLICITATION AND/OR SALE OF SECURITIES TO CUSTOMERS. (3) VIOLATED EXCHANGE RULE 410 IN THAT THE FIRM EFFECTED ACCOUNT DESIGNATION CHANGES AND ORDER ERRORS WITHOUT PRIOR WRITTEN AUTHORIZATION BY A PERSON DESIGNATED UNDER RULE 342(B)(1). Initiated By: NYSE Date Initiated: 08/14/2002 Docket/Case Number: HPD # 02-196

Principal Product Type: Other Other Product Type(s): Principal Sanction(s)/Relief Censure Sought: Other Sanction(s)/Relief FINE Sought:

Resolution Date: 11/08/2002 Sanctions Ordered: Censure Monetary/Fine $400,000.00 Other Sanctions Ordered: Sanction Details: (4) VIOLATED EXCHANGE RULE 405(2) IN THAT THE FIRM FAILED TO SUPERVISE DILIGENTLY ALL ACCOUNTS HANDLED BY REGISTERED REPRESENTATIVES IN CONNECTION WITH THE MARKETING AND SALE OF CALLABLE CDS AND HIGH YIELD BONDS, ACCOUNT DESIGNATION CHANGES, ORDER ERRORS AND CORRESPONDENCE, COMMUNICATIONS WITH THE PUBLIC, AND EXTENSIONS OF CREDIT. (5) VIOLATED EXCHANGE RULES 405 AND 401 IN THAT THE FIRM FAILED TO USE DUE DILIGENCE TO LEARN ESSENTIAL FACTS RELATIVE TO CUSTOMERS'S ACCOUNTS AND FAILED TO ADHERE TO PRINCIPLES OF GOOD BUSINESS PRACTICE IN THE CONDUCT OF ITS BUSINESS AFFAIRS IN CONNECTION WITH: (A) THE MARKETING AND SALE OF CALLABLE CDS; (B) MAINTAINING ACCURATE CUSTOMER ACCOUNT INFORMATION; (C) POLICIES AND PROCEDURES REGARDING EMPLOYEE TRADING OF SECURITIES ON FIRM'S RESEARCH RESTRICTED LIST; AND (E) EXTENSIONS OF CREDIT. Firm Statement (6) VIOLATED EXCHANGE RULES 410 AND 440, AND SEC RULES 17A-3 AND 17A-4 IN THAT THE FIRM FAILED TO MAKE AND PRESERVE REQUIRED AND TIMELY RECORDS RELATING TO DESIGNATION AND EXECUTION OF CUSTOMER ORDERS. (7) VIOLATED SECTION 220.8(B) AND (C) REGULATION T., IN THAT THE FIRM FAILED TO ADEQUATELY ADHERE TO CERTAIN CUSTOMER ACCOUNTS AS REQUIRED BY REGULATION T. STIPULATED SECTION: CENSURE, A FINE OF $400,000 AND AN UNDERTAKING TO RETAIN AN OUTSIDE CONSULTANT, NOT UNACCEPTABLE TO THE EXCHANGE, TO CONDUCT A REVIEW OF THE FIRM'S POLICIES, PROCEDURES, PRACTICES, AND SUPERVISORY SYSTEMS RELATING TO VIOLATIONS DESCRIBED HEREIN, AND PREPARE A REPORT OF SUCH SYSTEMS AND PROCEDURES, INCLUDING RECOMMENDATIONS FOR ADDITIONAL SYSTEMS AND PROCEDURES, IF NECESSARY, REASONABLY DESIGNED TO ENSURE COMPLIANCE WITH FEDERAL SECURITIES LAWS AND EXCHANGE RULES AND TO PREVENT RECURRENCE OF THE VIOLATIONS DESCRIBED HEREIN, AND SUBMIT SUCH REPORT AND RECOMMENDATIONS, IF NECESSARY, TO THE EXCHANGE WITHIN 120 DAYS FROM THE DATE THAT A DECISION ON THIS STIPULATION AND CONSENT BECOMES FINAL. **11/08/2002** THE DECISION IS NOW FINAL AND IS EFFECTIVE IMMEDIATELY. CONTACT: PEGGY GERMINO (212) 656-8450. i Disclosure 29 of 75 Reporting Source: Regulator

Current Status: Final Allegations: DIVISION ALLEGED THAT FIRM FAILED TO ADEQUATELY DISCLOSE THE FACT THAT 2 VIRGINIA RESIDENTS WERE INVESTING IN LONG TERM CERTIFICATE OF DEPOSITS; FAILED TO EXERCISE DILIGENT SUPERVISIOIN; RECOMMENDED SECURITIES WITHOUT REASONABLE GROUNDS TO BELIEVE THAT THE RECOMMENDATIONS WERE SUITABLE FOR THE CUSTOMERS. Initiated By: VIRGINIA - DIVISION OF SECURITIES Date Initiated: 10/16/2001 Docket/Case Number: SEC010057 URL for Regulatory Action: Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Civil and Administrative Penalt(ies) /Fine(s) Sought: Other Sanction(s)/Relief Sought:

Resolution: Decision & Order of Offer of Settlement Resolution Date: 10/16/2001 Sanctions Ordered: Monetary/Fine $5,000.00 Other Sanctions Ordered: PAID $5,000.00 FINE. Sanction Details: PAID $5,000.00 FINE. Regulator Statement FIRM WAS REQUIRED TO PAY A MONETARY PENALTY IN THE AMOUNT OF $5,000.00, REIMBURSE THE DIVISION FOR ITS COST OF INVESTIGATION AND MAKE AN OFFER OF RESTITUTION TO 2 VIRGINIA RESIDENTS. i Reporting Source: Firm Current Status: Final Allegations: ALLEGED VIOLATIONS OF THE VIRGINIA SECURITIES ACT REGARDING THE SALES OF CD(S). Initiated By: COMMONWEALTH OF VIRGINIA Date Initiated: 10/08/2001 Docket/Case Number: SEC010057 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 85 www.finra.org/brokercheck User Guidance

Principal Product Type: CD(s) Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief SETTLEMENT ORDER Sought:

Resolution: Settled Resolution Date: 10/08/2001 Sanctions Ordered: Other Sanctions Ordered: PAY PENALTY OF $5000 TO COMMONWEALTH LITERACY FUND. REQUIRE THE TWO AGENTS TO COMPLETE FORMAL TRAINING IN THE AREA OF SUITABILITY AND PRODUCT KNOWLEDGE PERTAINING TO LONG-TERM CERTIFICATES OF DEPOSIT. Sanction Details: TRAINING MUST BE COMPLETED WITHIN 30 DAYS OF THE ORDER. i Disclosure 30 of 75 Reporting Source: Firm Current Status: Final Allegations: ALLEGED VIOLATION OF M.G.L. C.110A SECTIONS 101, 204(A)(2)(J) AND 204 (A)(2)(G). Initiated By: MASSACHUSETTS SECURITIES DIVISION Date Initiated: 05/23/2000 Docket/Case Number: E-2000-1

Principal Product Type: Options Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Order Resolution Date: 09/28/2000 Sanctions Ordered:

Other Sanctions Ordered: NONE Sanction Details: SEE ITEM 13. Firm Statement UNDER AN ORDER AND OFFER OF SETTLEMENT, A.G. EDWARDS & SONS, INC. AGREED TO IMPLEMENT ENHANCED COMPLIANCE PROCEDURES IN IT'S PITTSFIELD, MA OFFICE AND CONTRIBUTE TO THE COMMONWEALTH OF MASSACHUSETTS INVESTOR PROTECTION AND EDUCATION TRUST FUND. THERE WERE NO FINDINGS OF VIOLATIONS, FINES OR PENALTIES. i Disclosure 31 of 75 Reporting Source: Regulator Current Status: Final Allegations: 04-10-00, SEC RULES 17(A)(2),(3), NASD RULE 2110 - RESPONDENT MEMBER EFFECTED DEFEASANCE ESCROW TRANSACTIONS WITH MUNICIPALITIES AT PRICES NOT REASONABLY RELATED TO THE CURRENT WHOLESALE MARKET PRICES FOR THE SECURITIES UNDER THE PARTICULAR FACTS AND CIRCUMSTANCES, INCLUDING THE PERTINENT TAX REGULATIONS. THE FIRM KNEW, OR SHOULD HAVE KNOWN, THAT THE PRICES IT CHARGED WERE NOT REASONABLY RELATED TO THE PREVAILING WHOLESALE MARKET PRICES OF THE SECURITIES. THE EXCESSIVE MARKUPS ALSO JEOPARDIZED THE TAX-EXEMPT STATUS OF THOSE MUNICIPALITIES REFUNDING BONDS AND DIVERTED MONEY FROM THE U.S. TREASURY TO THE FIRM WHEN THE TRANSACTION WAS IN POSITIVE ARBITRAGE OR REDUCED THE SAVINGS AVAILABLE TO THE MUNICIPALITIES FROM THE REFUNDINGS WHEN THE TRANSACTION WAS IN NEGATIVE ARBITRAGE. Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date Initiated: 04/05/2000 Docket/Case Number: C05000013

Principal Product Type: Other Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 04/05/2000 Sanctions Ordered: Censure ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 87 www.finra.org/brokercheck User Guidance

Sanctions Ordered: Censure Other Sanctions Ordered: WITHIN 10 BUSINESS DAYS, MAKE PAYMENTS TOTALING $124,164.12 RELATED TO SALES OF DEFEASANCE ESCROW SECURITIES TO CERTAIN MUNICIPAL ISSUERS IN CONNECTION WITH ADVANCE REFUNDINGS IN NEGATIVE ARBITRAGE. PAY $6,113,284.81 TO THE U.S. TREASURY UNDER AN AGREEMENT SIMULTANEOUSLY ENTERED INTO AMONG THE FIRM, THE IRS, AND THE U.S. ATTORNEY FOR THE SOUTHERN DISTRICT OF NEW YORK.AT THE TIME PAYMENTS ARE MADE TO MUNICIPALITIES AND THE IRS, COPIES OF ANY PAYMENTS AND ANY COVER LETTERS SHALLE BE SENT TO DISTRICT NO. 5. Sanction Details: CENSURED

09-18-00, $352,000 PAID 4/17/00 i Reporting Source: Firm Current Status: Final Allegations: ALLEGED VIOLATION OF SECTIONS 17(A)(2) AND 17(A)(3) OF THE SECURITIES ACT AND VIOLATION OF NASD CONDUCT RULE 2110. Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS Date Initiated: 04/03/2000 Docket/Case Number: AWC #C05000013

Principal Product Type: Debt - Municipal Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief SEE ITEM 13 Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 04/13/2000 Sanctions Ordered: Censure Monetary/Fine $6,113,284.81 Other Sanctions Ordered: Sanction Details: $6,113,284.82 PAID ON 04/13/2000. Firm Statement A.G. EDWARDS & SONS, INC. PAID THE ABOVE AS A TOTAL SETTLEMENT AMOUNT UNDER SIMULTANEOUS ENTRY OF SETTLEMENT AGREEMENTS ©2021 FINRA. All rights reserved. Report aboutIN THE A. G. CIVIL EDWARDS CASE & SONS, 00 CIV INC. 2656 US VS A.G. EDWARDS & SONS, INC. AND 88 THE NASDR'S LETTER OF ACCEPTANCE, WAIVER & CONSENT. www.finra.org/brokercheck User Guidance

Firm Statement A.G. EDWARDS & SONS, INC. PAID THE ABOVE AS A TOTAL SETTLEMENT AMOUNT UNDER SIMULTANEOUS ENTRY OF SETTLEMENT AGREEMENTS IN THE CIVIL CASE 00 CIV 2656 US VS A.G. EDWARDS & SONS, INC. AND THE NASDR'S LETTER OF ACCEPTANCE, WAIVER & CONSENT. i Disclosure 32 of 75 Reporting Source: Regulator Current Status: Final Allegations: NASD RULE 2320 AND SEC RULE 11AC1-4 - IN CONNECTION WITH CUSTOMER ORDERS, THE FIRM FAILED TO USE REASONABLE DILIGENCE TO ASCERTAIN THE BEST INTER-DEALER MARKET FOR THE FIRM THAT THE RESULTANT PRICE TO ITS CUSTOMERS WAS AS FAVORABLE AS POSSIBLE UNDER PREVAILING MARKET CONDITIONS; AND, FAILED TO DISPLAY IMMEDIATELY EIGHT CUSTOMER LIMIT ORDERS IN NASDAQ SECURITIES IN ITS PUBLIC QUOTATION, WHEN EACH SUCH ORDER WAS AT A PRICE THAT WOULD HAVE IMPROVED THE FIRM?S BID OR OFFER IN EACH SUCH SECURITY. Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date Initiated: 02/11/2000 Docket/Case Number: CMS000014

Principal Product Type: Equity - OTC Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 02/11/2000 Sanctions Ordered: Censure Monetary/Fine $7,500.00 Other Sanctions Ordered: Sanction Details: WITHOUT ADMITTING OR DENYING THE ALLEGATIONS, RESPONDENT MEMBER CONSENTED TO THE DESCRIBED SANCTIONS AND TO THE ENTRY OF FINDINGS, THEREFORE THE FIRM IS CENSURED AND FINED $7,500. i

Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13 Initiated By: NASD Date Initiated: 02/11/2000 Docket/Case Number: AWC #CMS000014

Principal Product Type: Equity - OTC Other Product Type(s): Principal Sanction(s)/Relief Censure Sought: Other Sanction(s)/Relief $7500 FINE Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 02/11/2000 Sanctions Ordered: Censure Monetary/Fine $7,500.00 Other Sanctions Ordered: Sanction Details: A.G. EDWARDS & SONS, INC. CONSENTED TO A MAXIMUM $7500 FINE PAID 03/22/2000. Firm Statement ON FEBRUARY 11, 2000, A.G. EDWARDS CENSURED AND FINED $7500 BY THE NASD FOR RULE VIOLATIONS. i Disclosure 33 of 75 Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: COMMONWEALTH OF MASSACHUSETTS Date Initiated: 06/30/1986 Docket/Case Number: NONE

Principal Product Type: Other Other Product Type(s): UNREGISTERED SECURITY Principal Sanction(s)/Relief Censure ©2021Sought: FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 90 www.finra.org/brokercheck User Guidance

Principal Sanction(s)/Relief Censure Sought: Other Sanction(s)/Relief NONE Sought:

Resolution: Order Resolution Date: 06/30/1986 Sanctions Ordered: Censure Other Sanctions Ordered: NONE Sanction Details: N/A Firm Statement JUNE 30, 1986, A.G. EDWARDS & SONS, INC. CENSURED BY THE COMMONWEALTH OF MASSACHUSETTS FOR SELLING AN UNREGISTERED SECURITY TO A MASSACHUSETTS RESIDENT. i Disclosure 34 of 75 Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13 Initiated By: AMEX Date Initiated: 04/29/1970 Docket/Case Number: NONE

Principal Product Type: Equity Listed (Common & Preferred Stock) Other Product Type(s): Principal Sanction(s)/Relief Censure Sought: Other Sanction(s)/Relief FINE Sought:

Resolution: Order Resolution Date: 04/29/1970 Sanctions Ordered: Censure Monetary/Fine $7,500.00 Other Sanctions Ordered: Sanction Details: A.G. EDWARDS & SONS, INC. PAID $7500.00. DATE PAID IS UNAVAILABLE ©2021 FINRA. All rights reserved. Report aboutBUT A. BELIEVED G. EDWARDS TO & SONS,BE WITHIN INC. 30 DAYS OF 04/29/1970. 91 www.finra.org/brokercheck User Guidance

Sanction Details: A.G. EDWARDS & SONS, INC. PAID $7500.00. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 04/29/1970. Firm Statement APRIL 29, 1970, A.G. EDWARDS & SONS, INC. CENSURED AND FINED $7500 BY THE AMERICAN STOCK EXCHANGE FOR FAILURE TO SUPERVISE IN RELATION TO TRANSACTIONS IN STOCK OF WESTEC CORPORATION DURING 1966. i Disclosure 35 of 75 Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13 Initiated By: STATE OF SOUTH DAKOTA Date Initiated: 10/25/1994 Docket/Case Number: NONE

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief FINE Sought:

Resolution: Consent Resolution Date: 10/25/1994 Sanctions Ordered: Monetary/Fine $2,000.00 Other Sanctions Ordered: NONE Sanction Details: A.G. EDWARDS & SONS, INC. PAID $2000.00 ON 10/25/1994 Firm Statement OCTOBER 25, 1994, A.G. EDWARDS & SONS, INC. PAID $2000 FINE TO THE STATE OF SOUTH DAKOTA. NO RULE VIOLATIONS WERE CITED. i Disclosure 36 of 75 Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: NORTH DAKOTA COMMISSIONER OF SECURITIES

Date Initiated: 01/03/1997 Docket/Case Number: N/A

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief INVESTIGATION DECISION & ORDER Sought:

Resolution: Order Resolution Date: 01/03/1997 Sanctions Ordered: Disgorgement/Restitution Other Sanctions Ordered: SEE ITEM 13. Sanction Details: A.G. EDWARDS & SONS, INC. AGREED TO REFUND A CUSTOMER $3472.00 PLUS INTEREST. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 01/03/1997. Firm Statement JANUARY 3, 1997, A.G. EDWARDS & SONS, INC. FOUND IN AN INVESTIGATION DECISION AND ORDER TO HAVE VIOLATED SECTION 10-04- 11(1)(M) OF THE NORTH DAKOTA CENTURY CODE, NORTH DAKOTA ADMINISTRATIVE RULE 73-02-09-02(29) AND ARTICLE III, SECTION 27(A) IN PARAGRAPH 2177 OF THE RULES OF FAIR PRACTICE OF THE NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. AND AGREED TO REFUND A CUSTOMER $3472 PLUS INTEREST. i Disclosure 37 of 75 Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13 Initiated By: WYOMING SECRETARY OF STATE Date Initiated: 10/12/1994 Docket/Case Number: 93-02

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Other Sought: ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 93 www.finra.org/brokercheck User Guidance

Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief ADMINISTRATIVE PENALTY Sought:

Resolution: Settled Resolution Date: 10/12/1994 Sanctions Ordered: Monetary/Fine $3,720.82 Other Sanctions Ordered: NONE Sanction Details: A.G. EDWARDS & SONS, INC. PAID $3270.82. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 10/12/1994. Firm Statement OCTOBER 12, 1994, A.G. EDWARDS & SONS, INC. TO PAY AN ADMINISTRATIVE PENALTY OF $3270.82 TO THE STATE OF WYOMING, SECRETARY OF STATE. i Disclosure 38 of 75 Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: COMMODITY EXCHANGE, INC. Date Initiated: 01/27/1981 Docket/Case Number: NONE

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Censure Sought: Other Sanction(s)/Relief FINE Sought:

Resolution: Order Resolution Date: 01/27/1981 Sanctions Ordered: Censure Monetary/Fine $5,000.00 Other Sanctions Ordered: NONE Sanction Details: A.G. EDWARDS & SONS, INC. PAID $5000. DATE PAID IS UNAVAILABLE BUT ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 94 BELIEVED TO BE WITHIN 30 DAYS OF 1/27/1981. www.finra.org/brokercheck User Guidance

Sanction Details: A.G. EDWARDS & SONS, INC. PAID $5000. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 1/27/1981. Firm Statement JANUARY 27, 1981, A.G. EDWARDS & SONS, INC. CENSURED AND FINED $5000 BY COMMODITY EXCHANGE, INC. FOR VIOLATION OF SILVER RULE 7(A) RELATING TO FAILURE TO FILE REQUIRED REPORTS. i Disclosure 39 of 75 Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: NASD Date Initiated: 02/19/1982 Docket/Case Number: KC-251-SC

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Censure Sought: Other Sanction(s)/Relief FINE Sought:

Resolution: Order Resolution Date: 02/19/1982 Sanctions Ordered: Censure Monetary/Fine $350.00 Other Sanctions Ordered: NONE Sanction Details: A.G. EDWARDS PAID $350. DATE PAID IS UNAVAILABLE BUT BELIVED TO BE WITHIN 6 MONTHS OF 02/19/1982. Firm Statement FEBRUARY 19, 1982, A.G. EDWARDS & SONS, INC. CENSURED AND FINED $350 BY NASD FOR VIOLATION OF ARTICLE III, SECTION 1, NASD RULES OF FAIR PRACTICE. i Disclosure 40 of 75 Reporting Source: Firm Current Status: Final

Allegations: SEE ITEM 13. Initiated By: NEW YORK COTTON EXCHANGE Date Initiated: 06/20/1982 Docket/Case Number: NONE

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief FINE Sought:

Resolution: Other Resolution Date: 06/20/1982 Sanctions Ordered: Monetary/Fine $2,000.00 Other Sanctions Ordered: NONE Sanction Details: A.G. EDWARDS & SONS, INC. PAID $2000. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 6/20/1982. Firm Statement JUNE 20, 1982, A.G. EDWARDS & SONS, INC. FINED $2000 BY THE CITRUS ASSOCIATES OF THE NEW YORK COTTON EXCHANGE RELATING TO TIME STAMPING OF PHONE ORDERS. i Disclosure 41 of 75 Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: PACIFIC STOCK EXCHANGE Date Initiated: 08/06/1996 Docket/Case Number: NONE

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief CONSENT AGREEMENT ©2021Sought: FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 96 www.finra.org/brokercheck User Guidance

Other Sanction(s)/Relief CONSENT AGREEMENT Sought:

Resolution: Consent Resolution Date: 08/06/1996 Sanctions Ordered: Other Sanctions Ordered: NONE Sanction Details: NONE Firm Statement AUGUST 6, 1996, A.G. EDWARDS & SONS, INC. ENTERED INTO A CONSENT AGREEMENT WITH THE PACIFIC STOCK EXCHANGE WHEREBY EDWARDS WAS FOUND TO HAVE VIOLATED PSE RULE 4.6(A). i Disclosure 42 of 75 Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: COMMONWEALTH OF MASSACHUSETTS Date Initiated: 10/02/1989 Docket/Case Number: E-89-165

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief ADMINISTRATIVE FEE Sought:

Resolution: Decision & Order of Offer of Settlement Resolution Date: 10/02/1989 Sanctions Ordered: Monetary/Fine $5,000.00 Other Sanctions Ordered: NONE Sanction Details: A.G. EDWARDS & SONS, INC. PAID $5000 ADMINISTRATIVE FEE. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 10/02/1989. Firm Statement OCTOBER 2, 1989, COMMONWEALTH OF MASSACHUSETTS CONSENT ORDER (DOCKET E-89-165) REQUIRING A.G. EDWARDS & SONS, INC. TO ©2021 FINRA. All rights reserved. Report aboutPAY A. AN G. ADMINISTRATIVEEDWARDS & SONS, INC. FEE OF $5000 TO THE COMMONWEALTH AND TO 97 ADOPT AND MAINTAIN POLICIES TO REASONABLY ENSURE COMPLIANCE WITH ALL RQUIREMENTS OF MASSACHUSETTS LAW AND REGULATIONS RELATING TO TRANSACTIONS IN SECURITIES. NO EXEMPTION UNDER 402(B)9, (B)11 AND (B)13, IS DENIED BY VIRTUE OF THESE PROCEEDINGS. www.finra.org/brokercheck User Guidance

OCTOBER 2, 1989, COMMONWEALTH OF MASSACHUSETTS CONSENT ORDER (DOCKET E-89-165) REQUIRING A.G. EDWARDS & SONS, INC. TO PAY AN ADMINISTRATIVE FEE OF $5000 TO THE COMMONWEALTH AND TO ADOPT AND MAINTAIN POLICIES TO REASONABLY ENSURE COMPLIANCE WITH ALL RQUIREMENTS OF MASSACHUSETTS LAW AND REGULATIONS RELATING TO TRANSACTIONS IN SECURITIES. NO EXEMPTION UNDER 402(B)9, (B)11 AND (B)13, IS DENIED BY VIRTUE OF THESE PROCEEDINGS. i Disclosure 43 of 75 Reporting Source: Regulator Current Status: Final Allegations: RESPONDENT MEMBER FIRM: FAILED TO CONTEMPORANEOUSLY EXECUTE NUMEROUS CUSTOMER LIMIT ORDERS AFTER IT TRADED EACH SUCH SUBJECT SECURITY FOR ITS OWN MARKET-MAKING ACCOUNT AT A PRICE THAT WOULD SATISFY EACH SUCH CUSTOMER LIMIT ORDER; FAILED TO PRESERVE FOR A PERIOD OF NOT LESS THAN SIX YEARS MEMORANDA OF BROKERAGE ORDERS RECEIVED FROM OTHER DEALERS THAT SHOWED THE TERMS AND CONDITIONS OF THE ORDERS AND THE TIME THE ORDERS WERE ENTERED; INCORRECTLY REPORTED TRANSACTIONS IN NASDAQ NATIONAL MARKET (NNM) SECURITIES TO ACT THAT WERE NEVER EXECUTED, FAILED TO REPORT A TRANSACTION IN AN NNM SECURITY, AND FAILED TO DESIGNATE NUMEROUS TRANSACTIONS IN NNM SECURITIES AS LATE TO ACT; REPORTED TO ACT AN INCORRECT EXECUTION TIME IN A TRANSACTION IN A NNM SECURITY AND FAILED TO REPORT TO ACT THE CORRECT PRICE FOR TRANSACTIONS IN NNM SECURITIES; FAILED TO ACCEPT OR DECLINE A TRANSACTION IN AN ELIGIBLE SECURITY WITHIN 20 MINUTES OF EXECUTION; FAILED TO REPORT TO ACT THE CORRECT VOLUME FOR A TRANSACTION IN AN OTC EQUITY SECURITY; FAILED TO REPORT CORRECTLY TO ACT THE CAPACITY IN WHICH IT EXECUTED TRANSACTIONS IN ELIGIBLE SECURITIES AND FAILED TO REPORT TO ACT THE CONTRA SIDE EXECUTING BROKER FOR TRANSACTIONS IN ELIGIBLE SECURITIES; FAILED TO DISPLAY IMMEDIATELY CUSTOMER LIMIT ORDERS, WHEN THE ORDERS WERE AT A PRICE THAT WOULD HAVE IMPROVED THE MEMBER FIRM'S BID OR OFFER IN EACH SECURITY RELATED TO THOSE ORDERS; AND FAILED TO ESTABLISH, MAINTAIN, AND ENFORCE WRITTEN SUPERVISORY PROCEDURES REASONABLY DESIGNED TO ACHIEVE COMPLIANCE WITH THE APPLICABLE RULES RELATING TO THE LIMIT ORDER PROTECTION INTERPRETATION, RECORD KEEPING, TRADE REPORTING, SEC RULE 10B- 10, AND THE LIMIT ORDER DISPLAY RULE. (NASD CONDUCT RULES 2110, 3010; IM-2110-2; NASD MARKETPLACE RULES 4632(A) & (C), 6130(B), 6620(C), 6130(D); AND SEC RULES 11AC1-4 & 17A-4.) Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date Initiated: 06/30/1999

Docket/Case Number: CMS990062

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Censure Sought: Other Sanction(s)/Relief FINE OF $9500.00 Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 06/30/1999 Sanctions Ordered: Censure Monetary/Fine $9,500.00 Other Sanctions Ordered: NONE Sanction Details: CENSURE; FINE OF $9500.00 Regulator Statement 02-04-00, $9,500 PAID ON 7/30/99, INVOICE #99-MS-647 i Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: NASD Date Initiated: 06/28/1999 Docket/Case Number: AWC NO. CMS990062

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 06/28/1999 Sanctions Ordered: Censure Monetary/Fine $9,500.00

Other Sanctions Ordered: Sanction Details: A.G. EDWARDS & SONS, INC. PAID $9500.00. DATE PAID IS UNAVAILABLE BUT BELIEVED TO HAVE BEEN WITHIN 30 DAYS OF 06/28/1999. Firm Statement ON JUNE 28, 1999, A.G. EDWARDS CENSURED AND FINED $9500 BY NASD FOR RULE VIOLATIONS. i Disclosure 44 of 75 Reporting Source: Regulator Current Status: Final Allegations: Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date Initiated: 07/27/1967 Docket/Case Number: K-87

Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Order Resolution Date: 12/03/1968 Sanctions Ordered: Censure Monetary/Fine $12,000.00 Other Sanctions Ordered: Sanction Details: Regulator Statement COMPLAINT K-87 FILED 07/27/67. DECISION 07/16/68. CENSURED AND FINED $12,000. ASSESSED COSTS OF $304.30. BOARD OF GOVERNORS AFFIRMED DECISION 12/03/68 i Reporting Source: Firm

Current Status: Final Allegations: SEE ITEM 13. Initiated By: NASD Date Initiated: 01/24/1969 Docket/Case Number: K-87

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Suspension Sought: Other Sanction(s)/Relief CENSURE, FINE, COSTS Sought:

Resolution: Order Resolution Date: 01/24/1969 Sanctions Ordered: Monetary/Fine $12,000.00 Suspension Other Sanctions Ordered: Sanction Details: A.G. EDWARDS & SONS, INC. PAID $12000.00. DATE IS UNAVAILABLE BUT BELIEVED TO BE APPROXIMATELY 2/21/69. THE FIRM WAS SUSPENDED 5 DAYS BEGINNING 2/17/69. Firm Statement JANUARY 24, 1969, A.G. EDWARDS & SONS, INC. AND BENJAMIN F. EDWARDS, III WERE FINED $12000 JOINTLY AND SEVERALLY AND SUSPENDED FIVE BUSINESS DAYS BY NASD FOR VIOLATION OF NASD FREERIDING RULES AND RULES RELATING TO REVIEW AND INITIALING OF TRADES AND CORRESPONDENCE. i Disclosure 45 of 75 Reporting Source: Regulator Current Status: Final Allegations: Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date Initiated: 02/17/1969 Docket/Case Number:

Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Order Resolution Date: 02/21/1969 Regulator Statement SUSPENDED BY THE B/G FOR FIVE (5) DAYS COMMENCING AT THE OPENING OF BUSINESS FEB. 17, 1969 AND CONCLUDING AT THE CLOSE OF BUSINESS FEBRUARY 21, 1969. W. L. 02/14/69 i Reporting Source: Firm Current Status: Final Allegations: SEE #13 Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS Date Initiated: 02/17/1969 Docket/Case Number: NONE

Principal Product Type: Other Other Product Type(s): Principal Sanction(s)/Relief Suspension Sought: Other Sanction(s)/Relief Sought:

Resolution: Decision Resolution Date: 02/21/1969 Sanctions Ordered: Suspension Other Sanctions Ordered: Sanction Details: SUSPENDED BY THE B/G FOR FIVE (5) DAYS COMMENCING AT THE OPENING OF BUSINESS FEBRUARY 17, 1969 AND CONCLUDING AT THE CLOSE OF BUSINESS FEBRUARY 21, 1969. W.L. 02/14/1969 Firm Statement THIS DRP IS IN RESPONSE TO A U-6 REFLECTED ON THE BD. PLEASE ©2021 FINRA. All rights reserved. Report aboutNOTE A. G.THAT EDWARDS RECORDS & SONS, ARE INC. NO LONGER AVAILABLE DUE TO THE AGE OF 102 THE MATTER. www.finra.org/brokercheck User Guidance

Firm Statement THIS DRP IS IN RESPONSE TO A U-6 REFLECTED ON THE BD. PLEASE NOTE THAT RECORDS ARE NO LONGER AVAILABLE DUE TO THE AGE OF THE MATTER. i Disclosure 46 of 75 Reporting Source: Regulator Current Status: Final Allegations: Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date Initiated: 03/03/1998 Docket/Case Number: CAF980008

Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 03/03/1998 Sanctions Ordered: Censure Monetary/Fine $7,500.00 Other Sanctions Ordered: Sanction Details: Regulator Statement ON MARCH 3, 1998, THE DEPARTMENT OF ENFORCEMENT NOTIFIED RESPONDENT A.G. EDWARDS & SONS, INC. THAT THE LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. CAF980008 WAS ACCEPTED; THEREFORE, RESPONDENT MEMBER IS CENSURED AND FINED $7,500, PAYABLE TO NASD WITHIN 10 DAYS OF FINAL NAC APPROVAL OF THE AWC - (NASD RULE 2110 AND MSRB RULE G-8 - RESPONDENT MEMBER'S RECORDS REGARDING EXPENSES INACCURATELY REFLECTED THAT $8,632 HAD BEEN PAID TO A FIRM FOR CONSULTING SERVICES INCURRED IN CONNECTION WITH A SECURITIES TRANSACTION, AND RESPONDENT MEMBERS' RECORDS REGARDING DISBURSEMENTS OF CASH AND DEBITS FOR THAT SECURITIES TRANSACTION ALSO INACCURATELY REFLECTED THAT ©2021 FINRA. All rights reserved. Report about$8,632 A. G. WAS EDWARDS PAID &TO SONS, THE INC. FIRM AS A "CONSULTING EXPENSE" FOR THAT 103 TRANSACTION, WHEN, IN FACT, THE FIRM DID NOT PROVIDE CONSULTING SERVICES OR ADVICE TO ANYONE IN CONNECTION WITH THE TRANSACTION, IN VIOLATION OF SEC RULE 17a-3).

04-13-99, $7,500 PAID ON 11/06/98, INVOICE #98-AF-821 ON MARCH 3, 1998, THE DEPARTMENT OF ENFORCEMENT NOTIFIED RESPONDENT A.G. EDWARDS & SONS, INC. THAT THE LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. CAF980008 WAS ACCEPTED; THEREFORE, RESPONDENT MEMBER IS CENSURED AND FINED $7,500, PAYABLE TO NASD WITHIN 10 DAYS OF FINAL NAC APPROVAL OF THE AWC - (NASD RULE 2110 AND MSRB RULE G-8 - RESPONDENT MEMBER'S RECORDS REGARDING EXPENSES INACCURATELY REFLECTED THAT $8,632 www.finra.org/brokercheck HAD BEEN PAID TO A FIRM FOR CONSULTING SERVICES INCURRED IN User Guidance CONNECTION WITH A SECURITIES TRANSACTION, AND RESPONDENT MEMBERS' RECORDS REGARDING DISBURSEMENTS OF CASH AND DEBITS FOR THAT SECURITIES TRANSACTION ALSO INACCURATELY REFLECTED THAT $8,632 WAS PAID TO THE FIRM AS A "CONSULTING EXPENSE" FOR THAT TRANSACTION, WHEN, IN FACT, THE FIRM DID NOT PROVIDE CONSULTING SERVICES OR ADVICE TO ANYONE IN CONNECTION WITH THE TRANSACTION, IN VIOLATION OF SEC RULE 17a-3).

04-13-99, $7,500 PAID ON 11/06/98, INVOICE #98-AF-821 i Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: NASD Date Initiated: 11/18/1997 Docket/Case Number: CAF980008

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Censure Sought: Other Sanction(s)/Relief FINE Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 11/18/1997 Sanctions Ordered: Censure Monetary/Fine $7,500.00 Other Sanctions Ordered: Sanction Details: A.G. EDWARDS & SONS, INC. PAID $7500 WITHIN 10 DAYS OF 11/18/1997. Firm Statement NOVEMBER 18, 1997, NASD LETTER OF ACCEPTANCE, WAIVER & CONSENT WHEREBY A.G. EDWARDS & SONS, INC. IS CENSURD AND FINED $7500 FOR VIOLATIONS OF SECTION 17(A) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULE 17A-3 THEREUNDER, MUNICIPAL SECURITIES RULEMAKING BOARD RULE 6-8 AND NASD CONDUCT RULE 2110. i Disclosure 47 of 75 Reporting Source: Regulator

Current Status: Final Allegations: A.G. EDWARDS VIOLATED THE COMMISSION'S SECURITIES ACT RULES 21 VAC 5-20-260 D.2. 21 VAC 5-20-260 D.3 AND 21 VAC 5-20-260 E.1. PERTAINING TO AGENT SUPERVISION. Initiated By: VIRGINIA - STATE CORPORATION COMMISSION DIVISION OF SECURITIES Date Initiated: 03/23/1998 Docket/Case Number: SEC980015 URL for Regulatory Action: Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Decision Resolution Date: 03/23/1998 Sanctions Ordered: Monetary/Fine $5,000.00 Other Sanctions Ordered: Sanction Details: A.G. EDWARDS & SONS, INC. WAS FINED A MONETARY PENALTY IN THE AMOUNT OF $5,000.00 FOR ITS ALLEGED VIOLATIONS OF THE COMMISSION'S RULES PERTAINING TO ACT AND ASSESSED $1,000.00 INVESTIGATION COSTS. A.G. EDWARDS & SONS, INC. REQUIRED TO REVIEW AND EVALUATE ITS CURRENT WRITTEN SUPERVISORY POLICIES, PROCEDURES AND INTERNAL CONTROLS WITH RESPECT TO THE SAFEGUARDING OF CASH AND SECURITIES, CUSTOMER DISBURSEMENTS, REVIEW OF NON-EMPLOYEE, EMPLOYEE AND RELATED ACCOUNTS, AND PROCEDURES APPLICABLE TO SUPERVISION AND REVIEW OVER DESIGNATED SUPERVISORS TO ENSURE THEY FULFILL THEIR SUPERVISORY OBLIGATIONS AS REQUIRED. A.G. EDWARDS & SONS, INC. IS REQUIRED TO REVISE AND REPORT TO THE DIVISION, UPDATES AND IMPROVEMENTS OF THE INTERNAL CONTROLS AND PROCEDURES IN THESE AREAS. Regulator Statement SUSAN WATTS KREITER A SALES ASSISTANT EMPLOYED BY A.G. EDWARDS & SONS, INC. DEFRAUDED VIRGINIA INVESTORS OF ©2021 FINRA. All rights reserved. Report aboutFUNDS A. G. TOTALING EDWARDS & OVERSONS, INC. $278,000. CONTACT: HAZEL STEWART, 105 BROKER-DEALER EXAMINER, 804-371-9685. www.finra.org/brokercheck User Guidance

Regulator Statement SUSAN WATTS KREITER A SALES ASSISTANT EMPLOYED BY A.G. EDWARDS & SONS, INC. DEFRAUDED VIRGINIA INVESTORS OF FUNDS TOTALING OVER $278,000. CONTACT: HAZEL STEWART, BROKER-DEALER EXAMINER, 804-371-9685. i Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: COMMONWEALTH OF VIRGINIA SECURITIES DIVISION Date Initiated: 03/23/1998 Docket/Case Number: SEC980015

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief FINE Sought:

Resolution: Decision & Order of Offer of Settlement Resolution Date: 03/23/1998 Sanctions Ordered: Monetary/Fine $5,000.00 Other Sanctions Ordered: $1000 REIMBURSEMENT FOR COSTS OF INVESTIGATION. Sanction Details: A.G. EDWARDS & SONS, INC. PAID $6000. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 3/23/1998. Firm Statement A.G. EDWARDS & SONS, INC. NAMED IN OFFER OF SETTLEMENT WITH THE COMMONWEALTH OF VIRGINIA WHEREBY EDWARDS AGREES TO PAY A PENALTY OF $5000 AND $1000 AS REIMBURSEMENT FOR THE COSTS OF THE DIVISION'S INVESTIGATION INTO THE ACTIVITIES OF A FORMER BACK OFFICE EMPLOYEE. i Disclosure 48 of 75 Reporting Source: Regulator Current Status: Final Allegations: Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 106 www.finra.org/brokercheck User Guidance

Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date Initiated: 03/10/1998 Docket/Case Number: C04980005

Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 03/10/1998 Sanctions Ordered: Censure Monetary/Fine $250.00 Other Sanctions Ordered: Sanction Details: Regulator Statement ON MARCH 10, 1998, DISTRICT NO. 4 NOTIFIED RESPONDENT A.G. EDWARDS & SONS, INC. THAT THE LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. C04980005 WAS ACCEPTED; THEREFORE, THE FIRM IS CENSURED AND FINED $250 - (MSRB RULE G-37 - RESPONDENT MEMBER FAILED TO REFLECT NEGOTIATED UNDERWRITINGS ON FORM G-37/G-38).

*** $250.00 PAID ON 4/27/98, INVOICE NO. 98-04-318 *** i Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: NASD Date Initiated: 03/10/1998 Docket/Case Number: CO 4980005

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Censure Sought: ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 107 www.finra.org/brokercheck User Guidance

Principal Sanction(s)/Relief Censure Sought: Other Sanction(s)/Relief $250 FINE Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 03/10/1998 Sanctions Ordered: Censure Monetary/Fine $250.00 Other Sanctions Ordered: Sanction Details: A.G. EDWARDS & SONS, INC. PAID $250.00. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 3/10/98. Firm Statement MARCH 10, 1998, NASD LETTER OF ACCEPTANCE, WAIVER & CONSENT WHEREBY EDWARDS IS CENSURED AND FINED $250.00 FOR VIOLATIONS OF MSRB RULE G-37. i Disclosure 49 of 75 Reporting Source: Regulator Current Status: Final Allegations: Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date Initiated: 09/11/1997 Docket/Case Number: CMS 970029 AWC

Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 09/11/1997 Sanctions Ordered: Monetary/Fine $2,000.00 Other Sanctions Ordered: Sanction Details: ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 108 www.finra.org/brokercheck User Guidance

Sanction Details: Regulator Statement LETTER OF ACCEPTANCE, WAIVER & CONSENT NO. CMS970029 AWC.

ON SEPTEMBER 11, 1997, A.G. EDWARDS & SONS, INC. (AGED) WAS NOTIFIED THAT THE LETTER OF ACCEPTANCE, WAIVER AND CONSENT (AWC) IT SUBMITTED WAS ACCEPTED BY THE MARKET REGULATION AND THE NATIONAL BUSINESS CONDUCT COMMITTEES. THE AWC ALLEGES THAT AGED VIOLATED SEC RULES 10b-10(a)(2) AND 17a-3, AND NASD CONDUCT RULES 3110 AND 3110(b)(2) FOR THE FOLLOWING ACTIVITY:

AGED FAILED TO PROVIDE, ON TWO OCCASIONS, WRITTEN NOTIFICATION TO ITS CUSTOMERS OF THE REPORTED TRADE PRICE, AND THE DIFFERENCE BETWEEN THE REPORTED REPORTED TRADE PRICE AND THE PRICE TO EACH SUCH CUSTOMER; FAILED TO INDICATE ON THE MEMORANDUM FOR EIGHT TRANSACTIONS IN NON-NASDAQ SECURITIES THE NAME OF EACH DEALER CONTACTED AND THE QUOTATIONS RECEIVED TO DETERMINE THE BEST INTER-DEALER MARKET; AND FAILED TO TIME STAMP THE EXECUTION TIME ON ELEVEN ORDER TICKETS. AGED WAS FINED $2,000.

******* $2,000 PAID ON 10/16/97, INVOICE NO. 97-MS-878 ******* i Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: NASD Date Initiated: 09/11/1997 Docket/Case Number: CMS970029

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief FINE Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 09/18/1997 Sanctions Ordered: Monetary/Fine $2,000.00 Other Sanctions Ordered: Sanction Details: A.G. EDWARDS & SONS,INC. PAID $2000 ON A DATE BELIEVED TO BE WITHIN 30 DAYS OF 09/18/1997. Firm Statement SEPTEMBER 18, 1997, NASD LETTER OF ACCEPTANCE, WAIVER & CONSENT, WHEREBY A.G. EDWARDS & SONS, INC. IS FINED $2000 FOR VIOLATIONS OF SEC RULE 10B-10(A)(2) AND CONDUCT RULE 3100(B)(2), SEC RULE 17-A-3(6) AND CONDUCT RULE 3110. i Disclosure 50 of 75 Reporting Source: Regulator Current Status: Final Allegations: Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date Initiated: 06/18/1997 Docket/Case Number: C3A970045

Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 06/18/1997 Sanctions Ordered: Censure Monetary/Fine $15,000.00 Other Sanctions Ordered: Sanction Details: Regulator Statement ON JUNE 18, 1997, DISTRICT NO. 3 NOTIFIED RESPONDENTS A.G. EDWARDS & SONS, INC. AND BRUCE REED THAT THE LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. C3A970045 WAS ACCEPTED; ©2021 FINRA. All rights reserved. Report aboutTHEREFORE, A. G. EDWARDS THEY & SONS, ARE INC.CENSURED AND FINED $15,000, JOINTLY AND 110 SEVERALLY AND RESPONDENT REED IS REQUIRED TO REQUALIFY AS A BRANCH MANAGER BY TAKING THE SERIES 8 EXAM WITHIN 120 DAYS OF THE DATE UPON WHICH THIS AWC BECOMES FINAL OR CEASE TO FUNCTION AS A BRANCH MANAGER UNTIL HE SO REQUALIFIES - (NASD RULE 3010 - RESPONDENT MEMBER, ACTING THROUGH RESPONDENT REED, FAILED TO SUPERVISE A REPRESENTATIVE IN A MANNER REASONABLY DESIGNED TO ACHIEVE COMPLIANCE WITH NASD RULES PERTAINING TO PRIVATE SECURITIES TRANSACTIONS).

**$15,000.00 PAID J&S ON 8/07/97, INVOICE #97-3A-609** www.finra.org/brokercheck User Guidance ON JUNE 18, 1997, DISTRICT NO. 3 NOTIFIED RESPONDENTS A.G. EDWARDS & SONS, INC. AND BRUCE REED THAT THE LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. C3A970045 WAS ACCEPTED; THEREFORE, THEY ARE CENSURED AND FINED $15,000, JOINTLY AND SEVERALLY AND RESPONDENT REED IS REQUIRED TO REQUALIFY AS A BRANCH MANAGER BY TAKING THE SERIES 8 EXAM WITHIN 120 DAYS OF THE DATE UPON WHICH THIS AWC BECOMES FINAL OR CEASE TO FUNCTION AS A BRANCH MANAGER UNTIL HE SO REQUALIFIES - (NASD RULE 3010 - RESPONDENT MEMBER, ACTING THROUGH RESPONDENT REED, FAILED TO SUPERVISE A REPRESENTATIVE IN A MANNER REASONABLY DESIGNED TO ACHIEVE COMPLIANCE WITH NASD RULES PERTAINING TO PRIVATE SECURITIES TRANSACTIONS).

**$15,000.00 PAID J&S ON 8/07/97, INVOICE #97-3A-609** i Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: NASD Date Initiated: 06/18/1997 Docket/Case Number: C3A970045

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief FINE Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 06/18/1997 Sanctions Ordered: Censure Monetary/Fine $15,000.00 Other Sanctions Ordered: SEE 12C Sanction Details: A.G. EDWARDS & SONS, INC. PAID $15,000 FINE WITHIN 30 DAYS OF 6/18/97. Firm Statement JUNE 18, 1997, NASD LETTER OF ACCEPTANCE, WAIVER & CONSENT FOR VIOLATION OF CONDUCT RULE 3010. i

Disclosure 51 of 75 Reporting Source: Regulator Current Status: Final Allegations: THE CFTC PROCEEDINGS BULLETIN DATED DECEMBER 31, 1996, PAGE 1, DISCLOSES: THE COMMODITY FUTURES TRADING COMMISSION ("CFTC") FILED A COMPLAINT AGAINST A. G. EDWARDS & SONS INC. UNDER THE PROVISIONS OF CFTC ACTS 4(A), 4C(B), 4M(1), 4O(1), 4B AND 4C(B) AND REGULATIONS 33.10, 4.13(B), 4.31(A) AND 166.2. Initiated By: UNITED STATES COMMODITY FUTURES TRADE COMMISSION Date Initiated: 11/13/1996 Docket/Case Number: 97-2

Principal Product Type: Futures - Commodity Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Decision & Order of Offer of Settlement Resolution Date: 06/20/2003 Sanctions Ordered: Monetary/Fine $45,000.00 Other Sanctions Ordered: Sanction Details: CFTC DOCKET NO. 97-2, DATED JUNE 20, 2003: THE CFTC ANNOUNCED THAT THE RESPONDENT HAS SUBMITTED AN OFFER OF SETTLEMENT WITHOUT ADMITTING OR DENYING THE ALLEGATIONS; THEREFORE, IT IS ORDERED THAT RESPONDENT SHALL PAY A CIVIL MONETARY PENALTY IN THE AMOUNT OF $45,000 WITHIN FIVE DAYS OF THE DATE OF THIS ORDER. IN ACCORDANCE WITH SECTION 6(E)(2) OF THE ACT, 7 U.S.C. SECTION 9A(2), IF RESPONDENT FAILS TO MAKE PAYMENT OF THE PENALTY WITHIN FIFTEEN (15) DAYS OF THE RESPECTIVE DUE DATE, IT SHALL BE AUTOMATICALLY PROHIBITED FROM TRADING ON OR SUBJECT TO THE RULES OF ANY REGISTERED ENTITY, AS DEFINED IN SECTION 1A(29) OF THE ACT, 7 U.S.C. SECTION 1A(29), AND ITS REGISTRATION SHALL BE AUTOMATICALLY SUSPENDED UNTIL IT SHOWS TO THE SATISFACTION OF THE CFTC THAT PAYMENT OF THE FULL AMOUNT OF THE PENALTY WITH INTEREST THEREON TO THE DATE OF PAYMENT HAD BEEN MADE. i

Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13 Initiated By: CFTC Date Initiated: 11/13/1996 Docket/Case Number: 97-2

Principal Product Type: Commodity Option(s) Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief COMPLAINT & NOTICE OF HEARING Sought:

Resolution: Order Resolution Date: 06/23/2003 Sanctions Ordered: Monetary/Fine $45,000.00 Other Sanctions Ordered: Sanction Details: OFFER OF SETTLEMENT Firm Statement NOVEMBER 13, 1996, A.G. EDWARDS & SONS, INC. IS NAMED IN A "COMPLAINT & NOTICE OF HEARING" BY THE COMMODITY FUTURES TRADE COMMISSION FOR ALLEGED VIOLATIONS OF SECTION 4M(1) OF THE COMMODITY EXCHANGE ACT AND OF REGULATION 166.2 BY AN AGENT OF EDWARDS. i Disclosure 52 of 75 Reporting Source: Regulator Current Status: Final Allegations: ALLEGED FAILURE TO SUPERVISE CERTAIN BRANCH OFFICE OPERATIONS IN CONJUNCTION WITH THE HAND-DELIVERY OF CLIENT CHECKS AND THE REVIEW OF DOUBLE-ENDORSED CHECKS. Initiated By: CONNECTICUT DEPT. OF BANKING Date Initiated: 11/22/1996 Docket/Case Number: 96-2954-CO URL for Regulatory Action: ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 113 www.finra.org/brokercheck User Guidance

URL for Regulatory Action: Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Consent Resolution Date: 11/22/1996 Sanctions Ordered: Monetary/Fine $10,000.00 Other Sanctions Ordered: Sanction Details: CONSENT ORDER ENTERED 11/22/96. IN FURTHERANCE OF ITS DESIRE TO INFORMALLY RESOLVE THE MATTER WITH THE DEPT. THE FIRM MADE A $5,000 CONTRIBUTION TO THE AGENCY'S INVESTOR EDUCATION FUND. THE CONSENT ORDER DIRECTED THE FIRM TO ISSUE A COMPLIANCE ALERT TO ITS CONNECTICUT BRANCHES. THE COMPLIANCE ALERT WOULD FOCUS ON THE HAND-DELIVERY OF CHECKS BY AGENTS AND THE FIRM'S REVIEW OF DOUBLE ENDORSED CHECKS. IN ADDITION, FOR 1 YEAR, THE FIRM'S INTERNAL AUDIT DEPT. WOULD BE REQUIRED TO CONDUCT QUARTERLY REVIEWS OF CONNECTICUT BRANCH OFFICE COMPLIANCE WITH THE COMPLIANCE ALERT'S POLICIES AND PROCEDURES. THE CONSENT ORDER ALSO CONTEMPLATED THAT THE FIRM WOULD HOLD A COMPLIANCE SEMINAR FOR ALL CT BRANCH MANAGERS WITHIN 120 DAYS. IN ADDITION, SATISFACTION OF THE REGULATORY ELEMENT OF THE NASD'S CONTINUING EDUCATION PROGRAM WOULD BE REQUIRED FOR BRANCH OFFICE MANAGERS OF THE FIRM'S WILTON, CT AND DANBURY, CT OFFICES, AS WELL AS ALL CT BRANCH OFFICE MANAGERS WHO WOULD OTHERWISE BE REQUIRED TO COMPLETE THE PROGRAM. THE CONSENT ORDER ALSO FINED THE FIRM $10,000 AND REQUIRED THAT IT PAY AN ADDITIONAL $5,000 AS REIMBURSEMENT FOR AGENCY INVESTIGATIVE COSTS (TOTAL: $15,000). Regulator Statement CONTACT: SID IGDALSKY, 860-240-8234. i

Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: CONNECTICUT DEPARTMENT OF BANKING Date Initiated: 11/22/1996 Docket/Case Number: 96-2954-CO

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief SEE ITEM 13 Sought:

Resolution: Consent Resolution Date: 11/22/1996 Sanctions Ordered: Monetary/Fine $10,000.00 Other Sanctions Ordered: $5000 COSTS Sanction Details: A.G. EDWARDS & SONS, INC. PAID $15,000. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 11/22/1996. Firm Statement NOVEMBER 22, 1996, A.G. EDWARDS & SONS, INC. WITHOUT ADMITTING OR DENYING WRONGDOING, AND SOLELY TO OBVIATE THE NEED FOR FORMAL ADMINISTRATIVE PROCEEDINGS, ENTERED INTO A CONSENT ORDER WITH THE STATE OF CONNECTICUT WHEREBY A.G. EDWARDS IS FINED $10,000 AND COSTS, AND A.G. EDWARDS AGREES TO TAKE CERTAIN OTHER ACTIONS IN RELATIONS TO MANAGEMENT AWARENESS AND POLICY REVIEW. NO RULE VIOLATIONS WERE CITED. i Disclosure 53 of 75 Reporting Source: Regulator Current Status: Final Allegations: FAILURE TO SUPERVISE AGENT AND FAILURE TO TAKE REASONABLE MEASURES TO PREVENT UNAUTHORIZED, UNSUITABLE, MISLEADING AND UNETHICAL SALES PRACTICES Initiated By: ARKANSAS SECURITIES DEPARTMENT ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 115 www.finra.org/brokercheck User Guidance

Date Initiated: 12/20/1995 Docket/Case Number: 95-71-S URL for Regulatory Action: Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Consent Resolution Date: 12/20/1995 Sanctions Ordered: Monetary/Fine $5,000.00 Other Sanctions Ordered: Sanction Details: ORDER NO. 95-71-S ENTERED IN THE MATTER OF A. G. EDWARDS & SONS, INC. AND WILFORD ROBERT TAYLOR. TAYLOR WAS CENSURED FOR VIOLATING THE ARKANSAS SECURITIES ACT. A.G.EDWARDS WAS FINED $5,000 AND ORDERED TO MAKE FULL RESTITUTION TO TWO CUSTOMERS ,MORRISS AND WALLACE, IN THE AMOUNT OF $65,000 AND $3,739 RESPECTIVELY. BOTH TAYLOR AND A.G.EDWARDS SUBMITTED PLANS TO IMPROVE SUPERVISION OF THE ARKANSAS BRANCH OFFICE OF WHICH TAYLOR WAS SUPERVISOR. Regulator Statement MICHAEL SCOTT AKIN (#1994539) WAS REGISTERED AS AN AGENT OF A.G. EDWARDS & SONS, INC. FROM 11/27/89 UNTIL 8/21/95. DURING A PERIOD FROM 10/22/92 UNTIL 12/30/94, AKIN ENGAGED IN DISHONEST AND UNETHICAL PRACTICES IN THE ACCOUNTS OF TWO CUSTOMERS OF A.G. EDWARDS. WILFORD ROBERT TAYLOR (#443552) WAS THE PERSON NAMED BY A.G. EDWARDS AS THE PERSON WITH IMMEDIATE SUPERVISORY AUTHORITY OVER AGENTS IN THE EUREKA SPRINGS, ARKANSAS BRANCH OFFICE, WHICH INCLUDED AKIN. BASED UPON ITS INVESTIGATION, THE STAFF OF THE DEPARTMENT CONCLUDED THAT TAYLOR AND A.G. EDWARDS FAILED TO SUPERVISE AKIN'S ACTIVITIES AND FAILED TO EXERCISE MEASURES TO PREVENT THE UNSUITABLE RECOMMENDATIONS, UNAUTHORIZED TRANSACTIONS, AND OTHER UNFAIR, MISLEADING AND UNETHICAL PRACTICES ENGAGED IN BY AKIN. CONTACT: BRUCE BOKONY, CHIEF COUNSEL, 501-324-9260

i Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: ARKANSAS SECURITIES DEPARTMENT Date Initiated: 12/20/1995 Docket/Case Number: 95-71-S

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief ADMINISTRATIVE PENALTY Sought:

Resolution: Consent Resolution Date: 12/20/1995 Sanctions Ordered: Monetary/Fine $5,000.00 Disgorgement/Restitution Other Sanctions Ordered: Sanction Details: A.G. EDWARDS & SONS, INC. PAID $5000 ADMINISTRATIVE PENALTY AND RESTITUTION TO TWO CUSTOMERS IN THE AMOUNTS OF $65,000 AND $3739. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 12/20/1995. Firm Statement DECEMBER 20, 1995, A.G. EDWARDS & SONS, INC. ENTERED INTO A CONSENT ORDER WITH THE ARKANSAS SECURITIES DEPARTMENT WHEREBY A.G. EDWARDS IS TO PAY AN ADMINISTRATIVE PENALTY OF $5000 TO THE DEPARTMENT FOR VIOLATION OF ARKANSAS CODE 23-42- 308(A)(2)(J). i Disclosure 54 of 75 Reporting Source: Regulator Current Status: Final Allegations: NOT PROVIDED Initiated By: FLORIDA DIVISION OF SECURITIES

Date Initiated: 06/26/1991 Docket/Case Number: 1498-S-5/91 URL for Regulatory Action: Principal Product Type: Other Other Product Type(s): UNKNOWN CRD DATA CONVERSION Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Stipulation and Consent Resolution Date: 10/09/1991 Sanctions Ordered: Disgorgement/Restitution Other Sanctions Ordered: Sanction Details: ON OCTOBER 9, 1991, THE FLORIDA DEPARTMENT OF BANKING AND FINANCE, DIVISION OF SECURITIES AND INVESTOR PROTECTION ENTERED INTO A STIPULATION AND CONSENT AGREEMENT WITH RESPONDENT A. G. EDWARDS AND SONS INC. WHEREBY A. G. EDWARDS HAS AGREED TO REIMBURSE THE DEPARTMENT $500.00 IN COSTS AND IN CONJUNCTION WITH RESPONDENT FLAMMIO, REIMBURSE DORA L. CLANCY $11,000.00. Regulator Statement NOT PROVIDED i Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: FLORIDA DIVISION OF SECURITIES Date Initiated: 11/01/1991 Docket/Case Number: 1498-S-5/91 AND 1498A-S-5/91

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Other Sought:

Other Sanction(s)/Relief FINAL ORDER Sought:

Resolution: Order Resolution Date: 11/01/1991 Sanctions Ordered: Monetary/Fine $500.00 Disgorgement/Restitution Other Sanctions Ordered: REIMBURSE CLIENT $11,000 Sanction Details: A.G. EDWARDS & SONS, INC. PAID $500 REIMBURSEMENT FOR COSTS AND $11,000 REIMBURSED TO CLIENT. DATE PAID IS NOT AVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 11/1/1991. Firm Statement NOVEMBER 1, 1991, A.G. EDWARDS & SONS, INC. SOLELY FOR THE PURPOSE OF RESOLVING THE ACTION AGREED, WITHOUT ADMITTING THE ALLEGATIONS OF THE COMPLAINT, TO ENTRY OF A FINAL ORDER WITH NO FINDINGS OF VIOLATIONS REGARDING THE FLORIDA ADMINISTRATIVE PROCEEDING #1498-S-5/91 AND #1498A-S-5/91. i Disclosure 55 of 75 Reporting Source: Regulator Current Status: Final Allegations: Initiated By: ALABAMA Date Initiated: 02/18/1982 Docket/Case Number: Unknown URL for Regulatory Action: Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Consent Resolution Date: 02/18/1982 Sanctions Ordered: Cease and Desist/Injunction

Other Sanctions Ordered: Sanction Details: Regulator Statement ALABAMA SECURITIES COMMISSIONER VS. A.G. EDWARDS & SONS, INC. TEMPORARY CEASE AND DESIST ORDER ISSUED FEBRUARY 18, 1982, PROHIBITING FURTHER OFFERS OR SALES OF SECURITIES BY NON REGISTERED PERSONNEL; THIS ADMINISTRATIVE ORDER WAS TERMINATED AT THE SIGNING OF A CONSENT ORDER, AGREEING TO ABIDE BY THE SECURITIES ACT OF ALABAMA. i Reporting Source: Firm Current Status: Final Allegations: OFFER OR SALE OF SECURITIES BY UNREGISTERED INDIVIDUALS Initiated By: ALABAMA SECURITIES COMMISSION Date Initiated: 02/18/1982 Docket/Case Number: CS-82-2

Principal Product Type: No Product Other Product Type(s): OFFER OR SALE OF SECURITIES BY UNREGISTERED INDIVIDUALS Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief CONSENT ORDER Sought:

Resolution: Order Resolution Date: 08/25/1982 Sanctions Ordered: Other Sanctions Ordered: SEE #13 Sanction Details: SEE #13 Firm Statement TEMPORARY CEASE AND DESIST ORDER ISSUED FEBRUARY 18, 1982 PROHIBITING FURTHUR OFFER OFFER OR SALES OF SECURITIES BY NON- REGISTERED PERSONNEL; THIS ADMINISTRATIVE ORDER WAS TERMINATED AT THE SIGNING OF A CONSENT ORDER AGREEING TO ABIDE BY THE SECURITIES ACT OF ALABAMA. i Disclosure 56 of 75

Reporting Source: Regulator Current Status: Final Allegations: Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date Initiated: 08/06/1968 Docket/Case Number: TEX-125

Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Decision Resolution Date: 07/11/1969 Sanctions Ordered: Censure Monetary/Fine $1,000.00 Other Sanctions Ordered: Sanction Details: Regulator Statement COMPLAINT TEX-125 FILED 08/06/68. DECISION 07/11/69 CENSURED AND FINE $1000, ASSESSED COSTS DECISION FINAL 08/10/69. FINES AND COSTS PAID i Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: NASD Date Initiated: 07/11/1969 Docket/Case Number: TEX-125

Other Product Type(s): Principal Sanction(s)/Relief Censure Sought: Other Sanction(s)/Relief FINE, COSTS Sought:

Resolution: Order Resolution Date: 07/11/1969 Sanctions Ordered: Censure Monetary/Fine $1,000.00 Other Sanctions Ordered: $937 COSTS Sanction Details: A.G. EDWARDS PAID $1937 ON 8/10/1969. Firm Statement JULY 11, 1969, A.G. EDWARDS & SONS, INC. CENSURED, FINED $1000 AND ASSIGNED COSTS OF PROCEEDING BY NASD FOR VIOLATION OF SECTIONS 1 & 27 OF ARTICLE III, NASD RULES OF FAIR PRACTICE. i Disclosure 57 of 75 Reporting Source: Regulator Current Status: Final Allegations: EMPLOYING UNREGISTERED SALES REPRESENTATIVES IN VERMONT AND FAILING TO SUPERVISE SAID REPRESENTATIVES TO PREVENT UNREGISTERED ACTIVITY. Initiated By: VERMONT SECURITIES DIVISION Date Initiated: 04/24/1994 Docket/Case Number: 94-003-S URL for Regulatory Action: Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Consent Resolution Date: 04/24/1994

Sanctions Ordered: Monetary/Fine $1,500.00 Other Sanctions Ordered: Sanction Details: RESPONDENT ENTERED INTO A CONSENT ORDER WHEREIN IT NEITHER ADMITTED NOR DENIED THE DIVISION'S ALLEGATIONS THAT IT EMPLOYED UNREGISTERED SALES REPRESENTATIVES IN VIUOLATION OF 9 VSA 4213(b) AND FAILED TO REASONABLY SUPERVISE SAID REPRESENTATIVES IN VIOLATION OF 9 VSA 4221a(a)(11) TO PREVENT UNREGISTERED ACTIVITY. A FINE OF $1500.00 AND COSTS OF $250 WERE PAID. SALES REPRESENTATIVES MARY ANN MCLAUGHLIN CRD# 708820, AND JOHN T. MATWEY, CRD# 2319524 WERE NAMED RESPONDENTS IN THE ORDER. THEIR PORTION OF THE FINE AMOUNTED TO COMMISSIONS EARNED ON THE TRANSACTIONS EFFECTED WHILE UNREGISTERD IN VERMONT. Regulator Statement CONTACT: ENFORCEMENT ATTORNEY 802-828-3420 i Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: VERMONT SECURITIES DIVISION Date Initiated: 04/24/1994 Docket/Case Number: 94-003-S

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Prohibition Sought: Other Sanction(s)/Relief FINE Sought:

Resolution: Order Resolution Date: 04/24/1994 Sanctions Ordered: Monetary/Fine $1,500.00 Other Sanctions Ordered: $250 ADMINISTRATIVE COSTS Sanction Details: A.G. EDWARDS & SONS, INC. PAID $1750. DATE PAID IS UNAVAILABLE BUT ©2021 FINRA. All rights reserved. Report aboutBELIEVED A. G. EDWARDS TO BE &WITHIN SONS, INC. 30 DAYS OF 04/24/1994. 123 www.finra.org/brokercheck User Guidance

Sanction Details: A.G. EDWARDS & SONS, INC. PAID $1750. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 04/24/1994. Firm Statement VERMONT SECURITIES DIVISION ALLEGED VIOLATION OF SECTION 9 V.S.A. 4213 AND 4221. A.G. EDWARDS ENTERED INTO A CONSENT ORDER WHEREBY WITHOUT FINDINGS OR ADMISSIONS OF VIOLATIONS, A.G. EDWARDS PAID AN ADMINISTRATIVE PENALTY OF $1500 PLUS $250 IN ADMINISTRATIVE COSTS. i Disclosure 58 of 75 Reporting Source: Regulator Current Status: Final Allegations: RESPONDENT GERALD MYERS, A REGISTERED REPRESENTATIVE FOR A G EDWARDS & SONS, INC., RECOMMENDED TO CUSTOMERS THAT THEY SELL THEIR RJR NABISCO COMMON STOCK AND BUY RJR NABISCO PREFERRED CONVERTIBLE STOCK. CUSTOMERS WERE TOLD THIS WOULD GENERATE HIGHER DIVIDENDS. IN ACTUALITY, COMMISSIONS CHARGED EXCEEDED DIVIDENDS. Initiated By: IDAHO DEPARTMENT OF FINANCE Date Initiated: 11/22/1993 Docket/Case Number: 1993-7-71 URL for Regulatory Action: Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Decision Resolution Date: 11/22/1993 Sanctions Ordered: Monetary/Fine $1,000.00 Other Sanctions Ordered: Sanction Details: A G EDWARDS PAID A $1,000 FINE, SENT A LETTER OF APOLOGY, OFFERED RESCISSION AND AGREED TO CONDUCT SPECIAL ©2021 FINRA. All rights reserved. Report aboutSUPERVISION A. G. EDWARDS OF & MYERS SONS, INC. FOR A PERIOD OF SIX (6) MONTHS. AG EDWARDS 124 ADMITS THAT THE CONDUCT OF RESPONDENT MYERS WAS INAPPROPRIATE. www.finra.org/brokercheck User Guidance

Sanction Details: A G EDWARDS PAID A $1,000 FINE, SENT A LETTER OF APOLOGY, OFFERED RESCISSION AND AGREED TO CONDUCT SPECIAL SUPERVISION OF MYERS FOR A PERIOD OF SIX (6) MONTHS. AG EDWARDS ADMITS THAT THE CONDUCT OF RESPONDENT MYERS WAS INAPPROPRIATE. Regulator Statement EXPECTATIONS CONVEYED TO THE CUSTOMERS FOR THE RECOMMENDATIONS MYERS MADE COULD NOT BE FULFILLED BECAUSE THE COMMISIONS TO BE CHARGED AND THE PRICE SPREAD BETWEEN THE COMMON AND PREFERRED STOCK EXCEEDED THE INCOME EXPECTED FROM THE HIGHER DIVIDENDS. AG EDWARDS MANAGEMENT PERSONNEL FAILED TO INVESTIGATE AND HALT THE SWITCHES. CONTACT: BILL BLESSING - 208/334-3684 i Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: IDAHO SECURITIES BUREAU Date Initiated: 11/22/1993 Docket/Case Number: 1993-7-1

Principal Product Type: Equity Listed (Common & Preferred Stock) Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief FINE Sought:

Resolution: Order Resolution Date: 11/22/1993 Sanctions Ordered: Monetary/Fine $1,000.00 Other Sanctions Ordered: NONE Sanction Details: A.G. EDWARDS & SONS, INC. PAID $1000. DATE PAID IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 11/22/1993. Firm Statement NOVEMBER 22,1993, A.G. EDWARDS & SONS, INC. ENTERED INTO AN ORDER WITH THE IDAHO SECURITIES BUREAU WHERE A.G. EDWARDS IS TO PAY A $1000 FINE TO THE DEPARTMENT OF FINANCE. THERE WERE NO ©2021 FINRA. All rights reserved. Report aboutFINDINGS A. G. EDWARDS OF VIOLATIONS. & SONS, INC. 125 www.finra.org/brokercheck User Guidance

NOVEMBER 22,1993, A.G. EDWARDS & SONS, INC. ENTERED INTO AN ORDER WITH THE IDAHO SECURITIES BUREAU WHERE A.G. EDWARDS IS TO PAY A $1000 FINE TO THE DEPARTMENT OF FINANCE. THERE WERE NO FINDINGS OF VIOLATIONS. i Disclosure 59 of 75 Reporting Source: Regulator Current Status: Final Allegations: See summary Initiated By: CBOE Date Initiated: 06/20/1990 Docket/Case Number: 88-0109B

Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Decision Resolution Date: 06/20/1990 Sanctions Ordered: Censure Other Sanctions Ordered: Sanction Details: A censure. Regulator Statement An Edwards' Branch Office Manager and therefore Edwards failed adequately to supervise a RR of Edwards' by allowing the RR to effect numerous option transactions in several public customer accounts on a discretionary basis without prior written authorization from each customer and the prior approval of Edwards. (CBOE Rules 4.2 and 9.8) i Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: CBOE Date Initiated: 06/20/1990 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 126 www.finra.org/brokercheck User Guidance

Date Initiated: 06/20/1990 Docket/Case Number: 88-0109B

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Censure Sought: Other Sanction(s)/Relief NONE Sought:

Resolution: Settled Resolution Date: 06/20/1990 Sanctions Ordered: Censure Other Sanctions Ordered: NONE Sanction Details: NONE Firm Statement JUNE 20, 1980, A.G. EDWARDS & SONS, INC. ACCEPTED THROUGH AN OFFER OF SETTLEMENT,A CENSURE BY THE CBOE IN RELATION TO EXCHANGE RULES 4.2 AND 9.8. i Disclosure 60 of 75 Reporting Source: Regulator Current Status: Final Allegations: Not Provided Initiated By: CBOE Date Initiated: 08/21/1991 Docket/Case Number: 89-0127

Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution Date: 08/21/1991 Sanctions Ordered: Censure Monetary/Fine $2,500.00 Other Sanctions Ordered: Sanction Details: A $2,500 fine and a censure. Regulator Statement AGE failed adequately to supervise a Registered Representative at its Newton, Kansas branch office by allowing the RR: 1) to effect numerous transactions in AGE stock and options on a solicited basis for several public customer accounts; 2) to effect numerous unsuitable index option transactions for a public customer account; and 3) to effect numerous excessive option transctions for several public customer accounts. In addition, AGE reported to the Central Registration Depository ("CRD") a Voluntary Consent and Undertaking entered into between its Newton, Kansas branch office manager and the State of Kansas Securities Commission, but failed to report the aforementioned consent and Undertaking to the Exchange in writing within a reasonable time. (CBOE Rules 4.2, 4.9 and 9.8) i Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: CBOE Date Initiated: 07/25/1991 Docket/Case Number: 89-0127

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Censure Sought: Other Sanction(s)/Relief FINE Sought:

Resolution: Settled Resolution Date: 07/25/1991 Sanctions Ordered: Censure ©2021 FINRA. All rights reserved. Report aboutMonetary/Fine A. G. EDWARDS $2,500.00 & SONS, INC. 128 www.finra.org/brokercheck User Guidance

Sanctions Ordered: Censure Monetary/Fine $2,500.00 Other Sanctions Ordered: NONE Sanction Details: A.G. EDWARDS & SONS, INC. PAID $2500 WITHIN 30 DAYS OF 07/25/1991. Firm Statement JULY 25,1991, A.G. EDWARDS & SONS, INC. ACCEPTED, THROUGH AN OFFER OF SETTLEMENT, A CENSURE AND $2500 FINE BY THE CBOE IN RELATION TO EXCHANGE RULES 4.2, 4.9 AD 9.8. i Disclosure 61 of 75 Reporting Source: Regulator Current Status: Final Allegations: Not Provided Initiated By: CBOE Date Initiated: 03/09/1992 Docket/Case Number: 90-0058 & 90-0058(A)

Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Decision & Order of Offer of Settlement Resolution Date: 03/09/1992 Sanctions Ordered: Censure Monetary/Fine $7,500.00 Other Sanctions Ordered: Sanction Details: Censure of each respondant and a joint and several fine of $7,500. Regulator Statement This matter was resolved wherein the Respondents submitted an offer of settlement in which they agreed to the following stipulation of facts and findings without admitting or denying that Exchange rules have been\ violated in which A. G. Edwards & Sons, Inc., an Exchange member organization, and Harold T. Morrow, a Branch Office Manager at the firm's Brownsville, Texas branch office, were each censured and jointly and severally fined $7,500 due to their failure to ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 129 adequately supervise Dennis Frank, a Registered Representative of AGE, who 1) effected numerous options transactions in a public customer's accounts which were excessive in size and frequently; and 2) effected numerous unsuitable option transactions for the customer's accounts.In accepting the offer of settlement, the BCC considered the fact that AGE contributed approximately $1,000,000 toward settlement with the public customer. (CBOE Rules 4.2 and 9.8) This matter was resolved wherein the Respondents submitted an offer of settlement in which they agreed to the following stipulation of facts and findings without www.finra.org/brokercheck admitting or denying that Exchange rules have been\ violated in User Guidance which A. G. Edwards & Sons, Inc., an Exchange member organization, and Harold T. Morrow, a Branch Office Manager at the firm's Brownsville, Texas branch office, were each censured and jointly and severally fined $7,500 due to their failure to adequately supervise Dennis Frank, a Registered Representative of AGE, who 1) effected numerous options transactions in a public customer's accounts which were excessive in size and frequently; and 2) effected numerous unsuitable option transactions for the customer's accounts.In accepting the offer of settlement, the BCC considered the fact that AGE contributed approximately $1,000,000 toward settlement with the public customer. (CBOE Rules 4.2 and 9.8) i Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: CBOE Date Initiated: 03/09/1992 Docket/Case Number: 90-0058 & 90-0058(A)

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Censure Sought: Other Sanction(s)/Relief FINE Sought:

Resolution: Decision & Order of Offer of Settlement Resolution Date: 03/09/1992 Sanctions Ordered: Censure Monetary/Fine $7,500.00 Other Sanctions Ordered: NONE Sanction Details: A.G. EDWARDS & SONS, INC. PAID $7500 WITHIN 30 DAYS OF 03/09/1992. Firm Statement MARCH 9, 1992, A.G. EDWARDS & SONS, INC. ACCEPTED, THROUGH AN OFFER OF SETTLEMENT, A CENSURE AND $7500 FINE BY THE CBOE IN RELATION TO EXCHANGE RULES 4.2 AND 9.8. i Disclosure 62 of 75 Reporting Source: Regulator

Current Status: Final Allegations: Initiated By: SOUTH CAROLINA Date Initiated: 03/01/1985 Docket/Case Number: URL for Regulatory Action: Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Consent Resolution Date: 03/01/1985 Sanctions Ordered: Cease and Desist/Injunction Other Sanctions Ordered: Sanction Details: Regulator Statement SOUTH CAROLINA CHIEF INSURANCE COMMISSIONER VS. A.G. EDWARDS & SONS, INC. CONSENT ORDER DATED MARCH 1, 1985 AGREEING TO PAY PENALTY OF $6,000 AND ITS EMPLOYEES TO REFRAIN FROM ACTING AS INSURANCE AGENTS WITHOUT PROPER LICENSING. i Reporting Source: Firm Current Status: Final Allegations: CONSENT ORDER Initiated By: SOUTH CAROLINA CHIEF INSURANCE COMMISSIONER Date Initiated: 03/01/1985 Docket/Case Number: N/A

Principal Product Type: Insurance Other Product Type(s): Principal Sanction(s)/Relief Other Sought: ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 131 www.finra.org/brokercheck User Guidance

Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief CONSENT ORDER Sought:

Resolution: Order Resolution Date: 03/01/1985 Sanctions Ordered: Monetary/Fine $6,000.00 Other Sanctions Ordered: Sanction Details: CONSENT ORDER AND FINE i Disclosure 63 of 75 Reporting Source: Regulator Current Status: Final Allegations: Initiated By: GEORGIA Date Initiated: 02/25/1985 Docket/Case Number: EX=BU-84-13 URL for Regulatory Action: Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Consent Resolution Date: 02/25/1985 Sanctions Ordered: Monetary/Fine $7,500.00 Other Sanctions Ordered: Sanction Details: Regulator Statement GEORGIA COMMISSIONER OF INSURANCE VS. A.G. EDWARDS & SONS, INC. CONSENT ORDER NO. EX=BU-84-13, FEBRUARY 25, 1985, AGREEING TO ©2021 FINRA. All rights reserved. Report aboutPAY A. PENALTY G. EDWARDS OF & $7,500 SONS, INC. AND TO REFRAIN FROM VIOLATING THE 132 GEORGIA INSURANCE CODE. www.finra.org/brokercheck User Guidance

GEORGIA COMMISSIONER OF INSURANCE VS. A.G. EDWARDS & SONS, INC. CONSENT ORDER NO. EX=BU-84-13, FEBRUARY 25, 1985, AGREEING TO PAY PENALTY OF $7,500 AND TO REFRAIN FROM VIOLATING THE GEORGIA INSURANCE CODE. i Reporting Source: Firm Current Status: Final Allegations: VIOLATION OF GEORGIA INSURANCE CODE Initiated By: GEORGIA Date Initiated: 02/25/1985 Docket/Case Number: EX=BU-84-13

Principal Product Type: Insurance Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief CONSENT ORDER Sought:

Resolution: Order Resolution Date: 02/25/1985 Sanctions Ordered: Monetary/Fine $7,500.00 Other Sanctions Ordered: CEASE AND DESIST ANY FURTHER VIOLATIONS OF THE GEORGIA INSURANCE CODE. Sanction Details: $7500 FINE. i Disclosure 64 of 75 Reporting Source: Regulator Current Status: Final Allegations: Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date Initiated: 01/30/1975 Docket/Case Number: N-VS-90

Principal Product Type:

Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Consent Resolution Date: 03/31/1975 Sanctions Ordered: Monetary/Fine $25.00 Other Sanctions Ordered: Sanction Details: Regulator Statement NASDAQ COMPLAINT #N-VS-90 FILED 1-30-75 ACCEPTED 2-4-75, PAID $25.00 FINAL 3-31-75 i Reporting Source: Firm Current Status: Final Allegations: SEE #13 Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date Initiated: 01/30/1975 Docket/Case Number: N-VS-90

Principal Product Type: Other Other Product Type(s): Principal Sanction(s)/Relief Civil and Administrative Penalt(ies) /Fine(s) Sought: Other Sanction(s)/Relief Sought:

Resolution: Settled Resolution Date: 03/31/1975 Sanctions Ordered: Monetary/Fine $25.00 Other Sanctions Ordered: Sanction Details: NASDAQ COMPLAINT N-VS-90 FILED 1/30/75 ACCEPTED 2/4/75, FINAL ©2021 FINRA. All rights reserved. Report about3/31/75. A. G. EDWARDS & SONS, INC. 134 www.finra.org/brokercheck User Guidance

Sanction Details: NASDAQ COMPLAINT N-VS-90 FILED 1/30/75 ACCEPTED 2/4/75, FINAL 3/31/75. Firm Statement THIS DRP IS IN RESPONSE TO A U-5 REFLECTED ON THE BD. PLEASE NOTE THAT RECORDS ARE NO LONGER AVAILABLE DUE TO THE AGE OF THIS MATTER. i Disclosure 65 of 75 Reporting Source: Regulator Current Status: Final Allegations: Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date Initiated: 02/18/1982 Docket/Case Number: KC-252

Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Decision Resolution Date: 06/23/1983 Sanctions Ordered: Censure Monetary/Fine $137.50 Other Sanctions Ordered: Sanction Details: Regulator Statement COMPLAINT KC-252 FILED 02/18/82 DIST. #4 DECISION 06/23/83: CENSURED AND FINED $137.50, J&S FINES & COSTS PAID IN FULL #8486 07/15/83 FC 8495 - 07/26/83 i Reporting Source: Firm Current Status: Final

Allegations: SEE ITEM 13. Initiated By: NASD Date Initiated: 06/23/1983 Docket/Case Number: KC-252

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Censure Sought: Other Sanction(s)/Relief FINE Sought:

Resolution: Order Resolution Date: 06/23/1983 Sanctions Ordered: Censure Monetary/Fine $137.50 Other Sanctions Ordered: COSTS Sanction Details: A.G. EDWARDS PAID $198.75 ON 07/15/1983. Firm Statement JUNE 23, 1983, A.G. EDWARDS & SONS, INC. CENSURED AND FINED JOINTLY AND SEVERALLY WITH THREE INDIVIDUALS FOR A TOTAL OF $198.75 BY NASD FOR VIOLATION OF ARTICLE III, SECTION 1 OF THE RULES OF FAIR PRACTICE. i Disclosure 66 of 75 Reporting Source: Regulator Current Status: Final Allegations: Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date Initiated: 08/11/1982 Docket/Case Number: NEW-335

Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought:

Other Sanction(s)/Relief Sought:

Resolution: Decision Resolution Date: 04/26/1983 Sanctions Ordered: Censure Monetary/Fine $3,500.00 Other Sanctions Ordered: Sanction Details: Regulator Statement COMPLAINT #NEW-335 FILED 08/11/82 DIST. #5 DECISION 04/26/83: CENSURED, FINED $3,500, J&S, AND ASSESSED COSTS OF $90. FINES & COSTS FC #8457 PAID IN FULL 06/22/83 i Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: NASD Date Initiated: 08/11/1982 Docket/Case Number: NEW-355

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Censure Sought: Other Sanction(s)/Relief FINE & COSTS Sought:

Resolution: Decision Resolution Date: 08/11/1982 Sanctions Ordered: Censure Monetary/Fine $3,500.00 Other Sanctions Ordered: COSTS $90 Sanction Details: A.G. EDWARDS & SONS, INC. PAID $3590 ON 6/22/1983

©2021Firm StatementFINRA. All rights reserved. Report aboutAUGUST A. G. EDWARDS 11, 1982, & A.G.SONS, EDWARDS INC. & SONS, INC. CENSURED AND FINED 137 $3500 FOR FAILURE TO SUPERVISE. www.finra.org/brokercheck User Guidance

Firm Statement AUGUST 11, 1982, A.G. EDWARDS & SONS, INC. CENSURED AND FINED $3500 FOR FAILURE TO SUPERVISE. i Disclosure 67 of 75 Reporting Source: Regulator Current Status: Final Allegations: Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date Initiated: 08/19/1981 Docket/Case Number: SC-32

Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Decision Resolution Date: 08/19/1981 Sanctions Ordered: Monetary/Fine Other Sanctions Ordered: Sanction Details: Regulator Statement COMPLAINT: #SC-32 FILED 08/19/81 DIST. 4 FINES & COSTS FC-SC32 J & S PAID IN FULL 09/30/81 APPEAL ACTION-APPEALED B/G i Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: NASD Date Initiated: 08/19/1981 Docket/Case Number: KC-32 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 138 www.finra.org/brokercheck User Guidance

Docket/Case Number: KC-32

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief FINE Sought:

Resolution: Order Resolution Date: 08/19/1981 Sanctions Ordered: Monetary/Fine $700.00 Other Sanctions Ordered: NONE Sanction Details: A.G. EDWARDS & SONS, INC. PAID $700 9/30/1981 Firm Statement AUGUST 19, 1981, A.G. EDWARDS & SONS, INC. FINED JOINTLY AND SEVERALLY $700 BY NASD FOR VIOLATION OF SECTION 1, ARTICLE III, OF NASD RULES OF FAIR PRACTICE. i Disclosure 68 of 75 Reporting Source: Regulator Current Status: Final Allegations: Initiated By: CHICAGO BOARD OPTIONS EXCHANGE Date Initiated: 03/06/1981 Docket/Case Number: 81-0026

Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Decision & Order of Offer of Settlement Resolution Date: 03/06/1981 Sanctions Ordered: Monetary/Fine $1,000.00 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 139 www.finra.org/brokercheck User Guidance

Sanctions Ordered: Monetary/Fine $1,000.00 Other Sanctions Ordered: Sanction Details: Regulator Statement CBOE #81-0026 03/06/81 OFFER OF SETTLEMENT 03/06/81: FINED $1,000 03/06/81: ALL RIGHTS WAIVED 03/06/81: FINAL i Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: CBOE Date Initiated: 03/06/1981 Docket/Case Number: 81-0026

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief FINE Sought:

Resolution: Settled Resolution Date: 03/06/1981 Sanctions Ordered: Monetary/Fine $1,000.00 Other Sanctions Ordered: NONE Sanction Details: A.G. EDWARDS & SONS, INC. PAID $1000. DATE IS UNAVAILABLE BUT BELIEVED TO BE WITHIN 30 DAYS OF 3/6/81. Firm Statement MARCH 6, 1981, A.G. EDWARDS & SONS, INC. FINED $1000 BY CBOE FOR VIOLATION OF EXCHANGE RULES 9.7(A). i Disclosure 69 of 75 Reporting Source: Regulator Current Status: Final ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 140 www.finra.org/brokercheck User Guidance

Allegations: Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date Initiated: 11/26/1980 Docket/Case Number: K-235

Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Decision Resolution Date: 11/26/1980 Sanctions Ordered: Monetary/Fine Other Sanctions Ordered: Sanction Details: Regulator Statement COMPLAINT #K-235 FILED 11/26/80 DIST. #4 DECISION: FINED FINES & COSTS: FC# SC-251-K J & S PAID IN FULL 03/24/82 i Reporting Source: Firm Current Status: Final Allegations: SEE #13 Initiated By: NATIONAL ASSOCATION OF SECURITIES DEALERS, INC. Date Initiated: 11/26/1980 Docket/Case Number: K-235

Principal Product Type: Other Other Product Type(s): UNKNOWN, SEE #13 Principal Sanction(s)/Relief Civil and Administrative Penalt(ies) /Fine(s) Sought: Other Sanction(s)/Relief Sought: ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 141 www.finra.org/brokercheck User Guidance

Other Sanction(s)/Relief Sought:

Resolution: Settled Resolution Date: 11/26/1980 Sanctions Ordered: Monetary/Fine $0.00 Other Sanctions Ordered: Sanction Details: COMPLAINT #K-235 11/26/80 DIST. #4 DECISION: FINED FINES & COSTS FC# SC-251-K J & S PAID IN FULL 03/24/1982. Firm Statement THIS DRP IS IN RESPONSE TO A U-6 REFLECTED ON THE BD. PLEASE NOTE THAT RECORDS ARE NO LONGER AVAILABLE DUE TO THE AGE OF THE MATTER. i Disclosure 70 of 75 Reporting Source: Regulator Current Status: Final Allegations: Initiated By: SECURITIES AND EXCHANGE COMMISSION Date Initiated: 08/05/1980 Docket/Case Number:

Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Consent Resolution Date: 08/05/1980 Sanctions Ordered: Censure Other Sanctions Ordered: Sanction Details: Regulator Statement SEC ND - 80-152 - REL. 34-17010 AUGUST 5, 1980 ©2021 FINRA. All rights reserved. Report aboutPUBLIC A. G. ADMINISTRATIVEEDWARDS & SONS, INC. PROCEEDINGS INSTITUTED. COMMISSION 142 ACCEPTED OFFERS OF SETTLEMENT. DEFENDANT CONSENTED TO ENTRY OF FINDINGS AND ORDER IMPOSING REMEDIAL SANCTIONS WITHOUT ADMITTING OR DENYING THE ALLEGATIONS CONTAINED IN THE ORDER. CENSURED. www.finra.org/brokercheck User Guidance

SEC ND - 80-152 - REL. 34-17010 AUGUST 5, 1980 PUBLIC ADMINISTRATIVE PROCEEDINGS INSTITUTED. COMMISSION ACCEPTED OFFERS OF SETTLEMENT. DEFENDANT CONSENTED TO ENTRY OF FINDINGS AND ORDER IMPOSING REMEDIAL SANCTIONS WITHOUT ADMITTING OR DENYING THE ALLEGATIONS CONTAINED IN THE ORDER. CENSURED. i Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13 Initiated By: SEC Date Initiated: 07/25/1980 Docket/Case Number: 3-5947, RELEASE #17011

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Censure Sought: Other Sanction(s)/Relief Sought:

Resolution: Order Resolution Date: 07/25/1980 Sanctions Ordered: Censure Other Sanctions Ordered: N/A Sanction Details: N/A Firm Statement A.G. EDWARDS & SONS, INC. CENSURED BY THE SECURITIES & EXCHANGE COMMISSION FOR FAILURE TO SUPERVISE. i Disclosure 71 of 75 Reporting Source: Regulator Current Status: Final Allegations: Initiated By: OKLAHOMA Date Initiated: 03/30/1979 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 143 www.finra.org/brokercheck User Guidance

Date Initiated: 03/30/1979 Docket/Case Number: URL for Regulatory Action: Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Decision Resolution Date: 06/24/1979 Regulator Statement STATE OF OK: 03/30/79 NOTICE OF INTENTION TO REVOKE OR SUSPEND LICENSES WAS ISSUED.

STATE OF OK: 05/09/79 JULY 1979 STATE BULLETIN ORDER GRANTING HEARING.

STATE OF OK: 05/25/79 JULY 1979 STATE BULLETIN ORDER SETTING DATE, TIME AND LOCATION OF HEARING AND DESIGNATING HEARING OFFICER.

STATE OF OK: 06/24/79 JULY 1979 STATE BULLETIN GIVEN ONE YEAR DEFERMENT OF SANCTION ON THE CONDITIONS LISTED IN STATE BULLETIN MENTIONED ABOVE.

STATE OF OK: 08/13/79 OCTOBER 1979 STATE BULLETIN FILE PROPOSED FINDINGS OF FACT BY HEARING OFFICER WITH ADMINISTRATOR. 08/27/79 FILE DEPARTMENT'S PROPOSED FINDINGS OF FACT WITH HEARING OFFICER. i Reporting Source: Firm

Current Status: Final Allegations: ALLEGED CERTAIN AGENTS SOLICITED THE PURCHASE OF STOCK OR OPTIONS USING FALSE, MISLEADING OR UNTRUE STATEMENTS CLAIMING PRIVILEGED OR INSIDE INFORMATION;PURCHASED STOCK OPTIONS DIFFERENT FROM THOSE AUTHORIZED; SOLICITED UNSUITABLE PURCHASES; MADE UNAUTHORIZED PURCHASES AND SALES; PARTICIPATED IN THE EXCESSIVE TURNOVER OF AN ACCOUNT, AND THAT THE RESIDENT MANAGER FAILED TO PROPERLY SUPERVISE THE AGENTS UNDER HIS SUPERVISION. Initiated By: OKLAHOMA DEPARTMENT OF SECURITIES Date Initiated: 10/10/1978 Docket/Case Number: N/A

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief ORDER Sought:

Resolution: Order Resolution Date: 06/26/1979 i Disclosure 72 of 75 Reporting Source: Regulator Current Status: Final Allegations: Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date Initiated: 06/15/1978 Docket/Case Number: N-253

Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought: ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 145 www.finra.org/brokercheck User Guidance

Other Sanction(s)/Relief Sought:

Resolution: Decision & Order of Offer of Settlement Resolution Date: 01/30/1979 Sanctions Ordered: Censure Other Sanctions Ordered: Sanction Details: Regulator Statement COMPLAINT #N-253 FILED 06/15/78 DIST. #5 DECISION 01/30/79: OFFER OF SETTLEMENT WAS ACCEPTED: CENSURED. ALL RIGHTS WAIVED. 01/30/79: TO BE FINAL FINES & COSTS 01/30/79: FINAL i Reporting Source: Firm Current Status: Final Allegations: ALLEGED VIOLATIONS OF ARTICLE III, SECTION 1, 2 15 AND 27 OF THE ASSOCIATION'S RULES OF FAIR PRACTICE. Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date Initiated: 06/15/1978 Docket/Case Number: N-253

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Undertaking Sought: Other Sanction(s)/Relief Sought:

Resolution: Other Resolution Date: 01/30/1979 Sanctions Ordered: Censure Other Sanctions Ordered: OFFER OF SETTLEMENT WAS ACCEPTED. CENSURED ALL RIGHTS WAIVED. ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 146 www.finra.org/brokercheck User Guidance

Sanction Details: OFFER OF SETTLEMENT WAS ACCEPTED. CENSURED ALL RIGHTS WAIVED. Firm Statement 06-15-78 FILED #N-253 DIST. #5: 01-30-79 OFFER OF SETTLEMENT WAS ACCEPTED. CENSURED ALL RIGHTS WAIVED. 01-30-79 TO BE FINAL 01-30- 79 FINAL i Disclosure 73 of 75 Reporting Source: Regulator Current Status: Final Allegations: Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date Initiated: 09/04/1975 Docket/Case Number: AWC-14

Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Consent Resolution Date: 09/04/1975 Sanctions Ordered: Censure Monetary/Fine $250.00 Other Sanctions Ordered: Sanction Details: Regulator Statement COMPLAINT #AWC-14 FILED 09/04/75 DIST. #6 DECISION 09/04/75: CENSURED & FINED $250. 09/04/75: FINAL FINES & COSTS 09/17/75: FC6347-PAID i Reporting Source: Firm

Current Status: Final Allegations: SEE ITEM 13. Initiated By: NASD Date Initiated: 05/19/1975 Docket/Case Number: AWC-14

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Cease and Desist Sought: Other Sanction(s)/Relief FINE Sought:

Resolution: Acceptance, Waiver & Consent(AWC) Resolution Date: 05/19/1975 Sanctions Ordered: Censure Monetary/Fine $250.00 Other Sanctions Ordered: NONE Sanction Details: A.G. EDWARDS & SONS, INC. PAID $250 09/17/1975 Firm Statement MAY 19, 1975, A.G. EDWARDS & SONS, INC. FINED $250 BY NASD FOR VIOLATION OF SECTION 1, 15(B), AND 19(A) OF ARTICLE III OF THE NASD RULES OF FAIR PRACTICE. i Disclosure 74 of 75 Reporting Source: Regulator Current Status: Final Allegations: Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Date Initiated: 06/26/1974 Docket/Case Number: N-223

Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 148 www.finra.org/brokercheck User Guidance

Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Consent Resolution Date: 10/21/1974 Sanctions Ordered: Censure Monetary/Fine $2,500.00 Other Sanctions Ordered: Sanction Details: Regulator Statement NASD COMPLAINT #N-223 - DISTRICT #5, FILED JUNE 26, 1974, AGAINST RESPONDENTS A.G. EDWARDS & SONS, INC., PAUL M. SHATZ, JOHN (JACK) R. BOLIN, DAVID M. SISLER AND SIEBE R. FORTENBERRY ALLEGING VIOLATIONS OF SECTIONS 1, 2, 15(a) AND (b), 18, 19(a) AND 27 OF ARTICLE III OF THE RULES OF FAIR PRACTICE IN THAT RESPONDENT FORTENBERRY EFFECTED A SERIES OF PURCHASE AND SALE TRANSACTIONS FOR A CUSTOMER WHICH WERE UNSUITABLE AND EXCESSIVE IN SIZE AND IN RELATIONSHIP TO THE INVESTMENT OBJECTIVES AND FINANCIAL NEEDS OF THE CUSTOMER; EXECUTED DISCRETIONARY TRANSACTIONS WITHOUT PRIOR WRITTEN AUTHORIZATION FROM SAID CUSTOMER; ENGAGED IN "CHURNING" IN THAT TRANSACTIONS WERE EFFECTED FOR A CUSTOMER WHICH WERE EXCESSIVE IN SIZE AND FREQUENCY AND WERE UNSUITABLE IN VIEW OF THE CUSTOMERS INVESTMENT OBJECTIVES AND FINANCIAL NEEDS; MADE IMPROPER USE OF A CUSTOMER'S SECURITIES IN THAT TRANSACTIONS EFFECTED FOR THE CUSTOMER WERE SOLD WITHOUT HIS PRIOR PERMISSION OR KNOWLEDGE, AND THEREAFTER UTILIZED THE PROCEEDS FOR THE PURCHASE OF OTHER SECURITIES WHICH WERE EVENTUALLY SOLD FOR THE ACCOUNT OF THE CUSTOMER AT A LOSS; AND RESPONDENT MEMBER AND RESPONDENTS SHATZ, BOLIN AND SISLER FAILED TO PROPERLY SUPERVISE THE ACTIVITIES OF RESPONDENT FORTENBERRY.

DECISION RENDERED OCTOBER 21, 1974, WHEREIN THE OFFER OF SETTLEMENT SUBMITTED BY RESPONDENTS WAS ACCEPTED; THEREFORE RESPONDENT MEMBER IS CENSURED, FINED $2,500; RESPONDENT FORTENBERRY IS CENSURED; FINED $2,500; AND SUSPENDED FROM ©2021 FINRA. All rights reserved. Report aboutASSOCIATION A. G. EDWARDS FOR & SONS, FIVE INC.(5) BUSINESS DAYS. THE COMPLAINT IS 149 DISMISSED AS TO RESPONDENTS SHATZ, BOLIN AND SISLER. AS ALL RIGHTS OF APPEAL AND REVIEW HAVE BEEN WAIVED, DECISION IS FINAL AS OF OCTOBER 21, 1974.

FC PD 10/29/74 $2500 FC#5910 NASD COMPLAINT #N-223 - DISTRICT #5, FILED JUNE 26, 1974, AGAINST RESPONDENTS A.G. EDWARDS & SONS, INC., PAUL M. SHATZ, JOHN (JACK) R. BOLIN, DAVID M. SISLER AND SIEBE R. FORTENBERRY ALLEGING VIOLATIONS OF SECTIONS 1, 2, 15(a) AND (b), 18, 19(a) AND 27 OF ARTICLE III OF THE RULES OF FAIR PRACTICE IN THAT RESPONDENT FORTENBERRY EFFECTED A SERIES OF PURCHASE AND SALE TRANSACTIONS FOR A CUSTOMER WHICH WERE UNSUITABLE AND EXCESSIVE IN SIZE AND IN RELATIONSHIP TO THE INVESTMENT OBJECTIVES AND FINANCIAL NEEDS OF THE CUSTOMER; EXECUTED DISCRETIONARY TRANSACTIONS WITHOUT PRIOR WRITTEN AUTHORIZATION FROM SAID CUSTOMER; ENGAGED IN "CHURNING" IN THAT TRANSACTIONS WERE EFFECTED FOR A CUSTOMER WHICH WERE EXCESSIVE IN SIZE AND FREQUENCY AND WERE UNSUITABLE IN VIEW OF THE CUSTOMERS INVESTMENT OBJECTIVES AND FINANCIAL NEEDS; MADE IMPROPER USE OF A CUSTOMER'S SECURITIES IN THAT TRANSACTIONS EFFECTED FOR THE CUSTOMER WERE SOLD WITHOUT HIS PRIOR PERMISSION OR KNOWLEDGE, AND THEREAFTER UTILIZED THE PROCEEDS FOR THE PURCHASE OF OTHER SECURITIES WHICH WERE EVENTUALLY SOLD FOR THE ACCOUNT OF THE CUSTOMER AT A LOSS; AND RESPONDENT MEMBER AND RESPONDENTS SHATZ, BOLIN AND SISLER FAILED TO PROPERLY SUPERVISE THE ACTIVITIES OF RESPONDENT FORTENBERRY. www.finra.org/brokercheck DECISION RENDERED OCTOBER 21, 1974, WHEREIN THE OFFER OF User Guidance SETTLEMENT SUBMITTED BY RESPONDENTS WAS ACCEPTED; THEREFORE RESPONDENT MEMBER IS CENSURED, FINED $2,500; RESPONDENT FORTENBERRY IS CENSURED; FINED $2,500; AND SUSPENDED FROM ASSOCIATION FOR FIVE (5) BUSINESS DAYS. THE COMPLAINT IS DISMISSED AS TO RESPONDENTS SHATZ, BOLIN AND SISLER. AS ALL RIGHTS OF APPEAL AND REVIEW HAVE BEEN WAIVED, DECISION IS FINAL AS OF OCTOBER 21, 1974.

FC PD 10/29/74 $2500 FC#5910 i Reporting Source: Firm Current Status: Final Allegations: SEE ITEM 13. Initiated By: NASD Date Initiated: 10/21/1974 Docket/Case Number: N-223

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Censure Sought: Other Sanction(s)/Relief FINE Sought:

Resolution: Decision & Order of Offer of Settlement Resolution Date: 10/21/1974 Sanctions Ordered: Censure Monetary/Fine $2,500.00 Other Sanctions Ordered: Sanction Details: A.G. EDWARDS & SONS, INC. PAID $2500 ON 10/29/74. Firm Statement OCTOBER 21, 1974, A.G. EDWARDS & SONS, INC. CENSURED AND FINED $2500 FOR VIOLATION OF SECTIONS 1,2 15(B), 18, 19(A), AND 25 OF ARTICLE III OF NASD RULES OF FAIR PRACTICE. i Disclosure 75 of 75 Reporting Source: Regulator Current Status: Final Allegations: ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 150 www.finra.org/brokercheck User Guidance

Allegations: Initiated By: NEW YORK STOCK EXCHANGE Date Initiated: 05/12/1972 Docket/Case Number: Unknown

Principal Product Type: Other Product Type(s): Principal Sanction(s)/Relief Sought: Other Sanction(s)/Relief Sought:

Resolution: Decision Resolution Date: 05/12/1972 Sanctions Ordered: Censure Other Sanctions Ordered: Sanction Details: Regulator Statement NYSE-CENSURED-VIOLATIONS OF EXCHANGE RULES AS IN PARAGRAPHS 2471 AND 2474A. NYSE BULLETIN 05/12/72 i Reporting Source: Firm Current Status: Final Allegations: VIOLATIONS OF EXCHANGE RULES AS IN PARAGRAPHS 2471 AND2474A. Initiated By: NEW YORK STOCK EXCHANGE Date Initiated: 05/12/1972 Docket/Case Number: UNKNOWN

Principal Product Type: Other Other Product Type(s): Principal Sanction(s)/Relief Censure Sought: Other Sanction(s)/Relief Sought: ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 151 www.finra.org/brokercheck User Guidance

Other Sanction(s)/Relief Sought:

Resolution: Decision Resolution Date: 05/12/1972 Sanctions Ordered: Censure Other Sanctions Ordered: Sanction Details: NYSE-CENSURED-VIOLATIONS OF EXCHANGE RULES AS IN PARAGRAPHS 2471 NAD 2474A. NYSE BULLENTIN 05/12/72.

Regulatory - Pending This type of disclosure event may include a pending formal proceeding initiated by a regulatory authority (e.g., a state securities agency, self-regulatory organization, federal regulatory agency such as the Securities and Exchange Commission, foreign financial regulatory body) for alleged violations of investment-related rules or regulations. Disclosure 1 of 2 Reporting Source: Firm Current Status: Pending Allegations: INVESTIGATION INTO TRANSACTIONS INVOLVING GENESIS INTERMEDIA, INC. DURING THE PERIOD MARCH 2001 THROUGH SEPTEMBER 2001 BY THE FIRM'S STOCK LOAN DEPARTMENT. Initiated By: NEW YORK STOCK EXCHANGE Date Initiated: 03/13/2003 Docket/Case Number:

Principal Product Type: Equity - OTC Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief Sought: i Disclosure 2 of 2 Reporting Source: Firm Current Status: Pending Allegations: SEE ITEM 13. Initiated By: COMMONWEALTH OF VIRGINIA Date Initiated: 04/03/2000 Docket/Case Number: NONE

Principal Product Type: No Product Other Product Type(s): Principal Sanction(s)/Relief Other Sought: Other Sanction(s)/Relief PROPOSED ORDER OF SETTLEMENT Sought: ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 153 www.finra.org/brokercheck User Guidance

Firm Statement THE COMMONWEALTH OF VIRGINIA HAS PROPOSED A SETTLEMENT ORDER FOR ALLEGED VIOLATIONS OF SECURITIES RULE 21 VAC 5-20-260B AND 5-20-260D.

Arbitration Award - Award / Judgment Brokerage firms are not required to report arbitration claims filed against them by customers; however, BrokerCheck provides summary information regarding FINRA arbitration awards involving securities and commodities disputes between public customers and registered securities firms in this section of the report. The full text of arbitration awards issued by FINRA is available at www.finra.org/awardsonline.

Disclosure 1 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 02/17/2000 Case Number: 00-00234 Disputed Product Type: ANNUITIES; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $392,582.97 Disposition: AWARD AGAINST PARTY Disposition Date: 02/02/2001 Sum of All Relief Awarded: $12,292.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 2 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT RELATED-ERRORS-CHARGES; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 02/02/2000 Case Number: 00-00266 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE

Sum of All Relief Requested: $138,930.00 Disposition: AWARD AGAINST PARTY Disposition Date: 04/09/2001 Sum of All Relief Awarded: $144,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 3 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 03/01/2000 Case Number: 00-00592 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $14,909.25 Disposition: AWARD AGAINST PARTY Disposition Date: 10/30/2000 Sum of All Relief Awarded: $5,187.99 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 4 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; DO NOT USE-EXECUTIONS-FAILURE TO EXECUTE Arbitration Forum: NASD Case Initiated: 03/20/2000

Case Number: 00-00717 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $685,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 10/05/2001 Sum of All Relief Awarded: $392,921.06 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 5 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- CHURNING; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 04/07/2000 Case Number: 00-01327 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $457,865.37 Disposition: AWARD AGAINST PARTY Disposition Date: 03/14/2001 Sum of All Relief Awarded: $95,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 6 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT RELATED-NEGLIGENCE ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 157 www.finra.org/brokercheck User Guidance

ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 04/10/2000 Case Number: 00-01343 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $4,093,389.26 Disposition: AWARD AGAINST PARTY Disposition Date: 09/17/2002 Sum of All Relief Awarded: $1,165,619.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 7 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED- OTHER Arbitration Forum: NASD Case Initiated: 06/12/2000 Case Number: 00-02139 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $5,600,001.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/02/2002 Sum of All Relief Awarded: $520,662.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 8 of 265 Reporting Source: Regulator

Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 07/24/2000 Case Number: 00-02681 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $100,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/22/2002 Sum of All Relief Awarded: $0.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 9 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 07/17/2000 Case Number: 00-02690 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $30,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/23/2001 Sum of All Relief Awarded: $1.01 There may be a non-monetary award associated with this arbitration.

Please select the Case Number above to view more detailed information. i Disclosure 10 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-ERRORS-CHARGES; ACCOUNT RELATED-MARGIN CALLS Arbitration Forum: NASD Case Initiated: 09/21/2000 Case Number: 00-02754 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $40,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 05/24/2002 Sum of All Relief Awarded: $28,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 11 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED- NEGLIGENCE; ACCOUNT RELATED-TRANSFER; DO NOT USE-EXECUTIONS- FAILURE TO EXECUTE Arbitration Forum: NASD Case Initiated: 07/24/2000 Case Number: 00-02786 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $3,925.88 Disposition: AWARD AGAINST PARTY Disposition Date: 03/12/2001 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 160 www.finra.org/brokercheck User Guidance

Disposition Date: 03/12/2001 Sum of All Relief Awarded: $1,356.36 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 12 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED- OTHER Arbitration Forum: NASD Case Initiated: 09/18/2000 Case Number: 00-03880 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $100,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/24/2001 Sum of All Relief Awarded: $10,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 13 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-OTHER Arbitration Forum: NASD Case Initiated: 10/25/2000 Case Number: 00-04364 Disputed Product Type: ANNUITIES; COMMODITIES FUTURES; MUTUAL FUNDS; STOCK INDEX ©2021 FINRA. All rights reserved. Report aboutFUTURES A. G. EDWARDS & SONS, INC. 161 www.finra.org/brokercheck User Guidance

Disputed Product Type: ANNUITIES; COMMODITIES FUTURES; MUTUAL FUNDS; STOCK INDEX FUTURES Sum of All Relief Requested: $1,005,747.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/21/2002 Sum of All Relief Awarded: $25,000.04 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 14 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- CHURNING; ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 11/24/2000 Case Number: 00-05149 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $500,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 11/19/2001 Sum of All Relief Awarded: $135,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 15 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE

Arbitration Forum: NASD Case Initiated: 12/14/2000 Case Number: 00-05483 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $339,818.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/07/2001 Sum of All Relief Awarded: $388,648.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 16 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; DO NOT USE-EXECUTIONS- FAILURE TO EXECUTE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 05/14/2001 Case Number: 01-00005 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $15,675.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/11/2002 Sum of All Relief Awarded: $2,025.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 17 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MANIPULATION; ACCOUNT ACTIVITY- ©2021 FINRA. All rights reserved. Report aboutMISREPRESENTATION; A. G. EDWARDS & SONS, ACCOUNT INC. ACTIVITY-OTHER; ACCOUNT RELATED- 163 FAILURE TO SUPERVISE www.finra.org/brokercheck User Guidance

Allegations: ACCOUNT ACTIVITY-MANIPULATION; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OTHER; ACCOUNT RELATED- FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 03/30/2001 Case Number: 01-01223 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $450,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 06/04/2002 Sum of All Relief Awarded: $303,381.94 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 18 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- UNAUTHORIZED TRADING; ACCOUNT RELATED-BREACH OF CONTRACT; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 03/22/2001 Case Number: 01-01372 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $231,797.21 Disposition: AWARD AGAINST PARTY Disposition Date: 03/01/2002 Sum of All Relief Awarded: $231,797.21 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 19 of 265 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 164 www.finra.org/brokercheck User Guidance

Disclosure 19 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 05/08/2001 Case Number: 01-01817 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $991,535.00 Disposition: AWARD AGAINST PARTY Disposition Date: 04/11/2002 Sum of All Relief Awarded: $353,354.22 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 20 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 04/19/2001 Case Number: 01-01931 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $1,200,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 11/05/2002 Sum of All Relief Awarded: $140,205.01

There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 21 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT RELATED-MARGIN CALLS; DO NOT USE-EXECUTIONS- EXECUTION PRICE; DO NOT USE-EXECUTIONS-LIMIT V MRKT ORDR; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 06/19/2001 Case Number: 01-01962 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $9,537.59 Disposition: AWARD AGAINST PARTY Disposition Date: 12/03/2001 Sum of All Relief Awarded: $9,862.59 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 22 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED- NEGLIGENCE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 06/14/2001 Case Number: 01-02768 Disputed Product Type: CORPORATE BONDS; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $12,354.73 Disposition: AWARD AGAINST PARTY

Disposition Date: 02/27/2002 Sum of All Relief Awarded: $2,425.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 23 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY-OTHER; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-OTHER Arbitration Forum: NASD Case Initiated: 08/24/2001 Case Number: 01-03269 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $78,846.50 Disposition: AWARD AGAINST PARTY Disposition Date: 11/14/2002 Sum of All Relief Awarded: $72,953.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 24 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 07/02/2001 Case Number: 01-03439 Disputed Product Type: ANNUITIES; COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE

Sum of All Relief Requested: $1,020,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 02/05/2003 Sum of All Relief Awarded: $128,710.50 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 25 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 08/29/2001 Case Number: 01-04350 Disputed Product Type: UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $169,300.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/08/2002 Sum of All Relief Awarded: $19,300.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 26 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-SUITABILITY; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 09/13/2001 Case Number: 01-04402 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 168 www.finra.org/brokercheck User Guidance

Case Number: 01-04402 Disputed Product Type: ANNUITIES; COMMON STOCK; MUNICIPAL BONDS; MUTUAL FUNDS Sum of All Relief Requested: $120,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 12/16/2002 Sum of All Relief Awarded: $30,300.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 27 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 08/30/2001 Case Number: 01-04609 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $9,699,897.36 Disposition: AWARD AGAINST PARTY Disposition Date: 12/31/2002 Sum of All Relief Awarded: $65,735.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 28 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY-OTHER; ACCOUNT RELATED-NEGLIGENCE; EMPLOYMENT-BREACH OF CONTRACT

Arbitration Forum: NASD Case Initiated: 09/13/2001 Case Number: 01-04675 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $1,000,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 12/08/2003 Sum of All Relief Awarded: $445,000.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 29 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-MARGIN CALLS Arbitration Forum: NASD Case Initiated: 09/24/2001 Case Number: 01-04914 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $362,126.98 Disposition: AWARD AGAINST PARTY Disposition Date: 09/05/2002 Sum of All Relief Awarded: $10,300.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 30 of 265 Reporting Source: Regulator

Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 09/24/2001 Case Number: 01-04929 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $142,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 10/03/2002 Sum of All Relief Awarded: $77,511.23 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 31 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT RELATED-COLLECTION; ACCOUNT RELATED-MARGIN CALLS; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 11/16/2001 Case Number: 01-06085 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: Unspecified Damages Disposition: AWARD AGAINST PARTY Disposition Date: 01/10/2003 Sum of All Relief Awarded: $50,000.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 171 www.finra.org/brokercheck User Guidance

i Disclosure 32 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT RELATED-MARGIN CALLS; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 12/13/2001 Case Number: 01-06388 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $275,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 12/02/2002 Sum of All Relief Awarded: $90,158.33 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 33 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 12/06/2001 Case Number: 01-06495 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $200,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 02/14/2003 Sum of All Relief Awarded: $90,000.00

There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 34 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-MARGIN CALLS Arbitration Forum: NASD Case Initiated: 12/20/2001 Case Number: 01-06676 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $9,738.94 Disposition: AWARD AGAINST PARTY Disposition Date: 04/16/2002 Sum of All Relief Awarded: $2,500.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 35 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 01/24/2002 Case Number: 02-00300 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $1,652,000.00 Disposition: AWARD AGAINST PARTY

Disposition Date: 03/14/2003 Sum of All Relief Awarded: $311,762.50 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 36 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- CHURNING; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 02/01/2002 Case Number: 02-00492 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $3,000,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/26/2003 Sum of All Relief Awarded: $125,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 37 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED- NEGLIGENCE; DO NOT USE-EXECUTIONS-FAILURE TO EXECUTE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 02/25/2002 Case Number: 02-00849 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE

Sum of All Relief Requested: $20,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 05/30/2002 Sum of All Relief Awarded: $1,183.93 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 38 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 02/25/2002 Case Number: 02-01019 Disputed Product Type: ANNUITIES; COMMON STOCK; CORPORATE BONDS; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $795,946.00 Disposition: AWARD AGAINST PARTY Disposition Date: 05/21/2004 Sum of All Relief Awarded: $130,375.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 39 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 03/07/2002 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 175 www.finra.org/brokercheck User Guidance

Case Initiated: 03/07/2002 Case Number: 02-01185 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $129,716.31 Disposition: AWARD AGAINST PARTY Disposition Date: 04/09/2003 Sum of All Relief Awarded: $25,300.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 40 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 03/07/2002 Case Number: 02-01245 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $586,640.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/25/2003 Sum of All Relief Awarded: $160,525.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 41 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- OMISSION OF FACTS; ACCOUNT RELATED-BREACH OF CONTRACT; ©2021 FINRA. All rights reserved. Report aboutACCOUNT A. G. EDWARDS RELATED-NEGLIGENCE & SONS, INC. 176 www.finra.org/brokercheck User Guidance

ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- OMISSION OF FACTS; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 04/05/2002 Case Number: 02-01330 Disputed Product Type: CERTIFICATE OF DEPOSIT; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OTHER TYPES OF SECURITIES Sum of All Relief Requested: $22,425.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/21/2002 Sum of All Relief Awarded: $11,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 42 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 03/26/2002 Case Number: 02-01675 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $6,000,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 11/04/2004 Sum of All Relief Awarded: $345,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 43 of 265

Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY Arbitration Forum: NASD Case Initiated: 05/06/2002 Case Number: 02-01765 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $87,261.00 Disposition: AWARD AGAINST PARTY Disposition Date: 06/27/2003 Sum of All Relief Awarded: $13,321.06 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 44 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- OMISSION OF FACTS; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 04/08/2002 Case Number: 02-01906 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $300,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 04/25/2005 Sum of All Relief Awarded: $200,000.00

There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 45 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 05/06/2002 Case Number: 02-02248 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $45,800,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/26/2003 Sum of All Relief Awarded: $140,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 46 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 06/12/2002 Case Number: 02-02484 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OPTIONS; WARRANTS/RIGHTS Sum of All Relief Requested: $7,400,000.00

Disposition: AWARD AGAINST PARTY Disposition Date: 04/07/2004 Sum of All Relief Awarded: $700,000.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 47 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY-OTHER; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 06/13/2002 Case Number: 02-02843 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $120,334.19 Disposition: AWARD AGAINST PARTY Disposition Date: 09/02/2003 Sum of All Relief Awarded: $28,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 48 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 05/23/2002 Case Number: 02-02955 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 180 www.finra.org/brokercheck User Guidance

Case Number: 02-02955 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $89,893.76 Disposition: AWARD AGAINST PARTY Disposition Date: 07/30/2003 Sum of All Relief Awarded: $56,625.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 49 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- CHURNING; ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY Arbitration Forum: NASD Case Initiated: 06/20/2002 Case Number: 02-03479 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUNICIPAL BONDS; MUTUAL FUNDS Sum of All Relief Requested: $597,984.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/08/2003 Sum of All Relief Awarded: $35,700.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 50 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE; DO NOT USE- ©2021 FINRA. All rights reserved. Report aboutEXECUTIONS-FAILURE A. G. EDWARDS & SONS, TO INC. EXECUTE 181 www.finra.org/brokercheck User Guidance

Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE; DO NOT USE- EXECUTIONS-FAILURE TO EXECUTE Arbitration Forum: NASD Case Initiated: 07/29/2002 Case Number: 02-03900 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $235,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 02/17/2004 Sum of All Relief Awarded: $4,484.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 51 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 07/25/2002 Case Number: 02-04211 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $139,053.10 Disposition: AWARD AGAINST PARTY Disposition Date: 08/22/2003 Sum of All Relief Awarded: $50,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 52 of 265

Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 09/17/2002 Case Number: 02-04348 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $235,531.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/11/2003 Sum of All Relief Awarded: $219,685.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 53 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED- TRANSFER Arbitration Forum: NASD Case Initiated: 08/01/2002 Case Number: 02-04403 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $27,472.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/25/2003 Sum of All Relief Awarded: $9,727.00 There may be a non-monetary award associated with this arbitration.

Please select the Case Number above to view more detailed information. i Disclosure 54 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OTHER; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 01/15/2003 Case Number: 02-04525 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $64,004.07 Disposition: AWARD AGAINST PARTY Disposition Date: 05/18/2004 Sum of All Relief Awarded: $60,842.46 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 55 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 08/30/2002 Case Number: 02-05032 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $97,040.00 Disposition: AWARD AGAINST PARTY ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 184 www.finra.org/brokercheck User Guidance

Disposition: AWARD AGAINST PARTY Disposition Date: 12/16/2003 Sum of All Relief Awarded: $26,400.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 56 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY- UNAUTHORIZED TRADING; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-TRANSFER Arbitration Forum: NASD Case Initiated: 09/24/2002 Case Number: 02-05035 Disputed Product Type: ANNUITIES; COMMON STOCK; LIMITED PARTNERSHIPS; MUTUAL FUNDS Sum of All Relief Requested: $25,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 05/14/2003 Sum of All Relief Awarded: $8,303.08 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 57 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 09/23/2002 Case Number: 02-05060

Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $500,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 12/17/2003 Sum of All Relief Awarded: $281,988.03 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 58 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY Arbitration Forum: NASD Case Initiated: 09/13/2002 Case Number: 02-05147 Disputed Product Type: COMMON STOCK; CORPORATE BONDS; GINNIE MAES; MUTUAL FUNDS Sum of All Relief Requested: $266,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/12/2003 Sum of All Relief Awarded: $471,630.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 59 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-OTHER; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD

Case Initiated: 10/28/2002 Case Number: 02-05878 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: Unspecified Damages Disposition: AWARD AGAINST PARTY Disposition Date: 03/18/2004 Sum of All Relief Awarded: $0.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 60 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED- ERRORS-CHARGES; ACCOUNT RELATED-MARGIN CALLS; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 10/28/2002 Case Number: 02-06101 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $784,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 11/19/2004 Sum of All Relief Awarded: $450,000.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 61 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION ©2021 FINRA. All rights reserved. Report aboutOF FACTS; A. G. EDWARDS ACCOUNT & SONS, ACTIVITY-SUITABILITY; INC. ACCOUNT RELATED-FAILURE 187 TO SUPERVISE www.finra.org/brokercheck User Guidance

Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 11/25/2002 Case Number: 02-06275 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $100,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/08/2005 Sum of All Relief Awarded: $27,357.55 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 62 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 11/25/2002 Case Number: 02-06286 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $100,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/18/2005 Sum of All Relief Awarded: $74,886.02 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 63 of 265 Reporting Source: Regulator ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 188 www.finra.org/brokercheck User Guidance

Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY-OTHER; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING Arbitration Forum: NASD Case Initiated: 11/04/2002 Case Number: 02-06393 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OPTIONS Sum of All Relief Requested: $4,025,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/05/2004 Sum of All Relief Awarded: $3,000,600.04 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 64 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- OMISSION OF FACTS; ACCOUNT ACTIVITY-OTHER; ACCOUNT RELATED- MARGIN CALLS Arbitration Forum: NASD Case Initiated: 12/13/2002 Case Number: 02-06431 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $40,979,352.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/02/2004 Sum of All Relief Awarded: $315,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information.

i Disclosure 65 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 11/05/2002 Case Number: 02-06460 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $172,150.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/07/2005 Sum of All Relief Awarded: $66,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 66 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT RELATED-ERRORS-CHARGES; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 12/05/2002 Case Number: 02-07282 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $14,382.00 Disposition: AWARD AGAINST PARTY Disposition Date: 05/09/2003 Sum of All Relief Awarded: $8,630.00 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 190 www.finra.org/brokercheck User Guidance

Sum of All Relief Awarded: $8,630.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 67 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY-OTHER; ACCOUNT RELATED-NEGLIGENCE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 01/02/2003 Case Number: 02-07726 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: Unspecified Damages Disposition: AWARD AGAINST PARTY Disposition Date: 09/26/2003 Sum of All Relief Awarded: $0.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 68 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-OTHER; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 02/10/2003 Case Number: 02-07779 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $35,100.00 Disposition: AWARD AGAINST PARTY ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 191 www.finra.org/brokercheck User Guidance

Disposition: AWARD AGAINST PARTY Disposition Date: 06/15/2004 Sum of All Relief Awarded: $5,650.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 69 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED- ERRORS-CHARGES; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 01/15/2003 Case Number: 03-00025 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OPTIONS Sum of All Relief Requested: $1,709,373.00 Disposition: AWARD AGAINST PARTY Disposition Date: 04/21/2006 Sum of All Relief Awarded: $221,373.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 70 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- UNAUTHORIZED TRADING; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 01/28/2003 Case Number: 03-00110 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 192 www.finra.org/brokercheck User Guidance

Case Number: 03-00110 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $2,855,717.00 Disposition: AWARD AGAINST PARTY Disposition Date: 06/21/2004 Sum of All Relief Awarded: $255,500.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 71 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED- NEGLIGENCE Arbitration Forum: NASD Case Initiated: 03/11/2003 Case Number: 03-00418 Disputed Product Type: CORPORATE BONDS; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS; PREFERRED STOCK Sum of All Relief Requested: $577,881.70 Disposition: AWARD AGAINST PARTY Disposition Date: 06/29/2004 Sum of All Relief Awarded: $12,375.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 72 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT ©2021 FINRA. All rights reserved. Report aboutRELATED-FAILURE A. G. EDWARDS & SONS, TO SUPERVISE INC. 193 www.finra.org/brokercheck User Guidance

Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 02/10/2003 Case Number: 03-00452 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OPTIONS Sum of All Relief Requested: $99,600.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/30/2004 Sum of All Relief Awarded: $33,716.02 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 73 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 02/10/2003 Case Number: 03-00743 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $686,438.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/28/2005 Sum of All Relief Awarded: $103,075.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 74 of 265 Reporting Source: Regulator ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 194 www.finra.org/brokercheck User Guidance

Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 02/24/2003 Case Number: 03-01046 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $375,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/25/2005 Sum of All Relief Awarded: $25,000.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 75 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 02/24/2003 Case Number: 03-01249 Disputed Product Type: UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $80,000.10 Disposition: AWARD AGAINST PARTY Disposition Date: 04/15/2004 Sum of All Relief Awarded: $12,786.51 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information.

i Disclosure 76 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 03/14/2003 Case Number: 03-01718 Disputed Product Type: COMMON STOCK; CORPORATE BONDS; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $25,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 12/04/2003 Sum of All Relief Awarded: $20,751.36 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 77 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE; DO NOT USE- NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 04/23/2003 Case Number: 03-01876 Disputed Product Type: ANNUITIES; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $274,809.00 Disposition: AWARD AGAINST PARTY Disposition Date: 05/27/2005 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 196 www.finra.org/brokercheck User Guidance

Disposition Date: 05/27/2005 Sum of All Relief Awarded: $33,200.04 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 78 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 04/01/2003 Case Number: 03-02165 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS; OTHER TYPES OF SECURITIES Sum of All Relief Requested: $2,414,649.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/07/2004 Sum of All Relief Awarded: $185,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 79 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE; DO NOT USE- EXECUTIONS-FAILURE TO EXECUTE Arbitration Forum: NASD Case Initiated: 06/04/2003 Case Number: 03-02593 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; ©2021 FINRA. All rights reserved. Report aboutMUTUAL A. G. EDWARDS FUNDS; &REAL SONS, ESTATE INC. INVESTMENT TRUST 197 www.finra.org/brokercheck User Guidance

Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS; REAL ESTATE INVESTMENT TRUST Sum of All Relief Requested: $400,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/15/2004 Sum of All Relief Awarded: $10,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 80 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MANIPULATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED- FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 06/02/2003 Case Number: 03-02603 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $77,495.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/10/2004 Sum of All Relief Awarded: $6,874.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 81 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE

Arbitration Forum: NASD Case Initiated: 04/22/2003 Case Number: 03-02690 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $500,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/21/2005 Sum of All Relief Awarded: $44,512.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 82 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 07/01/2003 Case Number: 03-03765 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $400,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/19/2004 Sum of All Relief Awarded: $100,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 83 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- ©2021 FINRA. All rights reserved. Report aboutMISREPRESENTATION; A. G. EDWARDS & SONS, ACCOUNT INC. RELATED-FAILURE TO SUPERVISE; 199 ACCOUNT RELATED-NEGLIGENCE www.finra.org/brokercheck User Guidance

Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 06/11/2003 Case Number: 03-04043 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: Unspecified Damages Disposition: AWARD AGAINST PARTY Disposition Date: 12/03/2004 Sum of All Relief Awarded: $275,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 84 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- CHURNING; ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY Arbitration Forum: NASD Case Initiated: 10/10/2003 Case Number: 03-04924 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $2,235,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 11/25/2005 Sum of All Relief Awarded: $314,611.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information.

i Disclosure 85 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE; DO NOT USE- EXECUTIONS-FAILURE TO EXECUTE Arbitration Forum: NASD Case Initiated: 07/16/2003 Case Number: 03-05075 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $384,327.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/25/2004 Sum of All Relief Awarded: $100,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 86 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY Arbitration Forum: NASD Case Initiated: 07/22/2003 Case Number: 03-05118 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $5,000,600.00 Disposition: AWARD AGAINST PARTY Disposition Date: 12/08/2004 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 201 www.finra.org/brokercheck User Guidance

Sum of All Relief Awarded: $76,499.57 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 87 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED- ERRORS-CHARGES; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-TRANSFER Arbitration Forum: NASD Case Initiated: 07/25/2003 Case Number: 03-05315 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $43,009.44 Disposition: AWARD AGAINST PARTY Disposition Date: 12/19/2003 Sum of All Relief Awarded: $2,425.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 88 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-OTHER; ACCOUNT RELATED-BREACH OF CONTRACT; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 08/20/2003 Case Number: 03-05682 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $500,000.00

Disposition: AWARD AGAINST PARTY Disposition Date: 09/07/2004 Sum of All Relief Awarded: $246,987.03 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 89 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 08/19/2003 Case Number: 03-05862 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OPTIONS Sum of All Relief Requested: $1,605,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/23/2004 Sum of All Relief Awarded: $1,655,551.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 90 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- OMISSION OF FACTS; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 10/28/2003 Case Number: 03-07024

Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $300,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 11/01/2004 Sum of All Relief Awarded: $170,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 91 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-BREACH OF CONTRACT Arbitration Forum: NASD Case Initiated: 12/01/2003 Case Number: 03-07989 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS; OTHER TYPES OF SECURITIES Sum of All Relief Requested: $552,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/03/2005 Sum of All Relief Awarded: $179,994.44 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 92 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 204 www.finra.org/brokercheck User Guidance

Arbitration Forum: NASD Case Initiated: 12/12/2003 Case Number: 03-08260 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS; OTHER TYPES OF SECURITIES Sum of All Relief Requested: $25,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 11/03/2004 Sum of All Relief Awarded: $25,600.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 93 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY-OTHER; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 11/24/2003 Case Number: 03-08328 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $700,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/24/2005 Sum of All Relief Awarded: $442,925.04 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 94 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- ©2021 FINRA. All rights reserved. Report aboutOMISSION A. G. EDWARDS OF FACTS; & SONS, ACCOUNT INC. ACTIVITY-OTHER; ACCOUNT ACTIVITY- 205 SUITABILITY www.finra.org/brokercheck User Guidance

Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- OMISSION OF FACTS; ACCOUNT ACTIVITY-OTHER; ACCOUNT ACTIVITY- SUITABILITY Arbitration Forum: NASD Case Initiated: 02/20/2004 Case Number: 03-08340 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $500,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 05/19/2005 Sum of All Relief Awarded: $243,940.21 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 95 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- CHURNING; ACCOUNT ACTIVITY-MANIPULATION; ACCOUNT ACTIVITY- UNAUTHORIZED TRADING Arbitration Forum: NASD Case Initiated: 01/06/2004 Case Number: 04-00028 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $7,112,548.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/31/2006 Sum of All Relief Awarded: $150,000.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information.

i Disclosure 96 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-CHURNING; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 03/23/2004 Case Number: 04-00736 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUNICIPAL BONDS; MUTUAL FUNDS Sum of All Relief Requested: $320,845.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/25/2005 Sum of All Relief Awarded: $40,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 97 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY Arbitration Forum: NASD Case Initiated: 02/25/2004 Case Number: 04-00807 Disputed Product Type: ANNUITIES; COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $375,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 02/25/2005 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 207 www.finra.org/brokercheck User Guidance

Disposition Date: 02/25/2005 Sum of All Relief Awarded: $95,300.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 98 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 02/25/2004 Case Number: 04-00918 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $318,413.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/11/2005 Sum of All Relief Awarded: $17,562.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 99 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-BREACH OF CONTRACT Arbitration Forum: NASD Case Initiated: 04/12/2004 Case Number: 04-01563 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS

Sum of All Relief Requested: $465,533.04 Disposition: AWARD AGAINST PARTY Disposition Date: 03/16/2005 Sum of All Relief Awarded: $40,300.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 100 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY Arbitration Forum: NASD Case Initiated: 04/08/2004 Case Number: 04-01964 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $223,757.84 Disposition: AWARD AGAINST PARTY Disposition Date: 04/22/2005 Sum of All Relief Awarded: $111,037.44 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 101 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 05/19/2004

Case Number: 04-03313 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $1,500,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/01/2005 Sum of All Relief Awarded: $500,500.02 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 102 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY Arbitration Forum: NASD Case Initiated: 05/21/2004 Case Number: 04-03445 Disputed Product Type: ANNUITIES; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $178,146.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/18/2006 Sum of All Relief Awarded: $145,000.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 103 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 210 www.finra.org/brokercheck User Guidance

ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 05/18/2004 Case Number: 04-03537 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $500,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/10/2005 Sum of All Relief Awarded: $13,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 104 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 06/15/2004 Case Number: 04-04115 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $1,350,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/24/2005 Sum of All Relief Awarded: $85,692.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 105 of 265

Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; DO NOT USE-EXECUTIONS-FAILURE TO EXECUTE Arbitration Forum: NASD Case Initiated: 08/02/2004 Case Number: 04-04790 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $1,300,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/06/2006 Sum of All Relief Awarded: $260,856.83 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 106 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 08/18/2004 Case Number: 04-05786 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $220,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/13/2005 Sum of All Relief Awarded: $130,300.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 212 www.finra.org/brokercheck User Guidance

i Disclosure 107 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED- NEGLIGENCE Arbitration Forum: NASD Case Initiated: 09/09/2004 Case Number: 04-05884 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: Unspecified Damages Disposition: AWARD AGAINST PARTY Disposition Date: 01/30/2006 Sum of All Relief Awarded: $34,425.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 108 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 09/21/2004 Case Number: 04-06107 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $600,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 10/07/2005 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 213 www.finra.org/brokercheck User Guidance

Disposition Date: 10/07/2005 Sum of All Relief Awarded: $93,059.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 109 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-BREACH OF CONTRACT Arbitration Forum: NASD Case Initiated: 09/22/2004 Case Number: 04-06264 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $875,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/27/2005 Sum of All Relief Awarded: $164,581.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 110 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY Arbitration Forum: NASD Case Initiated: 09/16/2004 Case Number: 04-06520 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE

Sum of All Relief Requested: Unspecified Damages Disposition: AWARD AGAINST PARTY Disposition Date: 01/19/2006 Sum of All Relief Awarded: $447,500.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 111 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT RELATED-NEGLIGENCE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 10/21/2004 Case Number: 04-07272 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $271,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 10/10/2005 Sum of All Relief Awarded: $75,300.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 112 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 11/12/2004 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 215 www.finra.org/brokercheck User Guidance

Case Initiated: 11/12/2004 Case Number: 04-07806 Disputed Product Type: ANNUITIES; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $307,043.62 Disposition: AWARD AGAINST PARTY Disposition Date: 05/17/2006 Sum of All Relief Awarded: $25,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 113 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY Arbitration Forum: NASD Case Initiated: 12/02/2004 Case Number: 04-08110 Disputed Product Type: ANNUITIES; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $180,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/26/2005 Sum of All Relief Awarded: $170,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 114 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION ©2021 FINRA. All rights reserved. Report aboutOF FACTS; A. G. EDWARDS ACCOUNT & SONS, ACTIVITY-SUITABILITY; INC. ACCOUNT RELATED-BREACH 216 OF CONTRACT www.finra.org/brokercheck User Guidance

Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-BREACH OF CONTRACT Arbitration Forum: NASD Case Initiated: 01/04/2005 Case Number: 04-08365 Disputed Product Type: ANNUITIES; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OTHER TYPES OF SECURITIES Sum of All Relief Requested: $1,098,274.00 Disposition: AWARD AGAINST PARTY Disposition Date: 10/16/2006 Sum of All Relief Awarded: $1,202,813.74 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 115 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-MARGIN CALLS Arbitration Forum: NASD Case Initiated: 12/15/2004 Case Number: 04-08409 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUNICIPAL BONDS; OPTIONS Sum of All Relief Requested: $1,600,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 06/30/2006 Sum of All Relief Awarded: $475,103.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 116 of 265 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 217 www.finra.org/brokercheck User Guidance

Disclosure 116 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 01/04/2005 Case Number: 04-08817 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $420,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 11/23/2005 Sum of All Relief Awarded: $338,612.58 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 117 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 02/02/2005 Case Number: 05-00512 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $550,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 02/14/2006 Sum of All Relief Awarded: $35,000.00 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 218 www.finra.org/brokercheck User Guidance

Sum of All Relief Awarded: $35,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 118 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OTHER; ACCOUNT RELATED- FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 03/21/2005 Case Number: 05-01300 Disputed Product Type: ANNUITIES; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $70,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 04/13/2006 Sum of All Relief Awarded: $339,974.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 119 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 03/29/2005 Case Number: 05-01552 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $150,000.00 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 219 www.finra.org/brokercheck User Guidance

Sum of All Relief Requested: $150,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/15/2006 Sum of All Relief Awarded: $25,000.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 120 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 03/31/2005 Case Number: 05-01652 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $17,110.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/20/2006 Sum of All Relief Awarded: $10,212.50 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 121 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- CHURNING; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED- NEGLIGENCE Arbitration Forum: NASD Case Initiated: 04/08/2005

Case Number: 05-01685 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $540,673.00 Disposition: AWARD AGAINST PARTY Disposition Date: 11/10/2006 Sum of All Relief Awarded: $450,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 122 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MANIPULATION; ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING Arbitration Forum: NASD Case Initiated: 05/02/2005 Case Number: 05-02227 Disputed Product Type: COMMON STOCK; MUTUAL FUNDS; OPTIONS; PREFERRED STOCK Sum of All Relief Requested: $420,306.00 Disposition: AWARD AGAINST PARTY Disposition Date: 06/08/2007 Sum of All Relief Awarded: $58,800.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 123 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- OMISSION OF FACTS; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 221 www.finra.org/brokercheck User Guidance

ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- OMISSION OF FACTS; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 05/09/2005 Case Number: 05-02375 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $3,440,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 11/06/2006 Sum of All Relief Awarded: $179,100.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 124 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- OMISSION OF FACTS; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 05/10/2005 Case Number: 05-02412 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $1,037,806.24 Disposition: AWARD AGAINST PARTY Disposition Date: 07/31/2006 Sum of All Relief Awarded: $92,210.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 125 of 265

Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 06/02/2005 Case Number: 05-02803 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $2,532,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/22/2007 Sum of All Relief Awarded: $89,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 126 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 06/02/2005 Case Number: 05-02821 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $120,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 02/24/2006 Sum of All Relief Awarded: $50,465.00

There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 127 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY Arbitration Forum: NASD Case Initiated: 06/27/2005 Case Number: 05-03229 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $447,546.12 Disposition: AWARD AGAINST PARTY Disposition Date: 11/16/2006 Sum of All Relief Awarded: $25,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 128 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 07/18/2005 Case Number: 05-03583 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $416,600.00 Disposition: AWARD AGAINST PARTY Disposition Date: 06/07/2006 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 224 www.finra.org/brokercheck User Guidance

Disposition Date: 06/07/2006 Sum of All Relief Awarded: $172,500.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 129 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 07/15/2005 Case Number: 05-03606 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $1,700,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 06/30/2006 Sum of All Relief Awarded: $150,000.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 130 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 08/30/2005 Case Number: 05-04490 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 225 www.finra.org/brokercheck User Guidance

Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $2,061,500.00 Disposition: AWARD AGAINST PARTY Disposition Date: 10/02/2006 Sum of All Relief Awarded: $210,088.55 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 131 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 12/14/2005 Case Number: 05-05318 Disputed Product Type: COMMON STOCK; CORPORATE BONDS; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUNICIPAL BOND FUNDS Sum of All Relief Requested: $2,761,666.84 Disposition: AWARD AGAINST PARTY Disposition Date: 07/20/2007 Sum of All Relief Awarded: $412,500.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 132 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY-OTHER; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 11/08/2005 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 226 www.finra.org/brokercheck User Guidance

Case Initiated: 11/08/2005 Case Number: 05-05647 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $123,331.17 Disposition: AWARD AGAINST PARTY Disposition Date: 12/10/2007 Sum of All Relief Awarded: $130,600.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 133 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- CHURNING; ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 11/16/2005 Case Number: 05-05823 Disputed Product Type: ANNUITIES; COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $248,076.64 Disposition: AWARD AGAINST PARTY Disposition Date: 11/30/2006 Sum of All Relief Awarded: $250,000.02 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 134 of 265 Reporting Source: Regulator Type of Event: ARBITRATION

©2021Allegations: FINRA. All rights reserved. Report aboutACCOUNT A. G. EDWARDS ACTIVITY-BRCH & SONS, INC. OF FIDUCIARY DT; ACCOUNT ACTIVITY- 227 OMISSION OF FACTS; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED-BREACH OF CONTRACT www.finra.org/brokercheck User Guidance

Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- OMISSION OF FACTS; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED-BREACH OF CONTRACT Arbitration Forum: NASD Case Initiated: 02/15/2006 Case Number: 06-00686 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $1,925,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 12/01/2006 Sum of All Relief Awarded: $420,000.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 135 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY-OTHER; ACCOUNT RELATED-FAILURE TO SUPERVISE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 04/11/2006 Case Number: 06-01793 Disputed Product Type: ANNUITIES; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $232,763.81 Disposition: AWARD AGAINST PARTY Disposition Date: 07/05/2007 Sum of All Relief Awarded: $258,300.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 136 of 265

Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE; DO NOT USE- EXECUTIONS-FAILURE TO EXECUTE Arbitration Forum: NASD Case Initiated: 08/22/2006 Case Number: 06-03335 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $58,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 05/02/2008 Sum of All Relief Awarded: $7,725.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 137 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-MARGIN CALLS; ACCOUNT RELATED- NEGLIGENCE Arbitration Forum: NASD Case Initiated: 11/20/2006 Case Number: 06-04978 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $237,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/07/2008 Sum of All Relief Awarded: $99,000.00

There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 138 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 12/08/2006 Case Number: 06-05197 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: Unspecified Damages Disposition: AWARD AGAINST PARTY Disposition Date: 03/05/2008 Sum of All Relief Awarded: $497,071.27 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 139 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- OMISSION OF FACTS; ACCOUNT RELATED-FAILURE TO SUPERVISE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 04/10/2007 Case Number: 06-05382 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: Unspecified Damages

Disposition: AWARD AGAINST PARTY Disposition Date: 08/21/2008 Sum of All Relief Awarded: $0.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 140 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- CHURNING; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 02/07/2007 Case Number: 07-00339 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $1,800,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/11/2008 Sum of All Relief Awarded: $200,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 141 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 02/09/2007 Case Number: 07-00380 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 231 www.finra.org/brokercheck User Guidance

Case Number: 07-00380 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $217,385.00 Disposition: AWARD AGAINST PARTY Disposition Date: 05/23/2008 Sum of All Relief Awarded: $43,136.35 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 142 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT RELATED-NEGLIGENCE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 05/24/2007 Case Number: 07-01583 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $558,375.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/26/2008 Sum of All Relief Awarded: $87,600.41 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 143 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY- SUITABILITY; DO NOT USE-EXECUTIONS-FAILURE TO EXECUTE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED

Arbitration Forum: NASD Case Initiated: 07/06/2007 Case Number: 07-01982 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; HEDGE FUND Sum of All Relief Requested: $15,505.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/14/2008 Sum of All Relief Awarded: $10,212.50 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 144 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY Arbitration Forum: FINRA Case Initiated: 09/05/2007 Case Number: 07-02499 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: Unspecified Damages Disposition: AWARD AGAINST PARTY Disposition Date: 07/18/2008 Sum of All Relief Awarded: $177,002.86 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 145 of 265 Reporting Source: Regulator

Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-OTHER Arbitration Forum: FINRA Case Initiated: 04/09/2008 Case Number: 08-00824 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $1,278,538.75 Disposition: AWARD AGAINST PARTY Disposition Date: 05/22/2009 Sum of All Relief Awarded: $46,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 146 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- CHURNING; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED- NEGLIGENCE Arbitration Forum: FINRA Case Initiated: 12/09/2008 Case Number: 08-04027 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OPTIONS Sum of All Relief Requested: $8,400,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/29/2010 Sum of All Relief Awarded: $82,837.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information.

i Disclosure 147 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-ERRORS-CHARGES Arbitration Forum: FINRA Case Initiated: 01/27/2009 Case Number: 09-00360 Disputed Product Type: ANNUITIES; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: Unspecified Damages Disposition: AWARD AGAINST PARTY Disposition Date: 04/28/2010 Sum of All Relief Awarded: $0.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 148 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED- NEGLIGENCE; ACCOUNT RELATED-OTHER Arbitration Forum: FINRA Case Initiated: 12/31/2009 Case Number: 09-07137 Disputed Product Type: OTHER TYPES OF SECURITIES Sum of All Relief Requested: $809,677.92 Disposition: AWARD AGAINST PARTY Disposition Date: 03/24/2011 Sum of All Relief Awarded: $292,952.71

There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 149 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: FINRA Case Initiated: 03/02/2012 Case Number: 12-00512 Disputed Product Type: Sum of All Relief Requested: $585,940.00 Disposition: AWARD AGAINST PARTY Disposition Date: 06/19/2015 Sum of All Relief Awarded: $40,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 150 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY-OTHER; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED- NEGLIGENCE Arbitration Forum: NASD Case Initiated: 08/29/1986 Case Number: 86-00985 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OPTIONS Sum of All Relief Requested: $289,352.00 Disposition: AWARD AGAINST PARTY

Disposition Date: 04/25/1991 Sum of All Relief Awarded: $228,004.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 151 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- CHURNING; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT ACTIVITY- UNAUTHORIZED TRADING Arbitration Forum: NASD Case Initiated: 01/01/1987 Case Number: 87-02042 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $420,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 05/22/1989 Sum of All Relief Awarded: $28,616.98 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 152 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 01/01/1988 Case Number: 88-00007 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $12,523.34 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 237 www.finra.org/brokercheck User Guidance

Sum of All Relief Requested: $12,523.34 Disposition: AWARD AGAINST PARTY Disposition Date: 10/30/1989 Sum of All Relief Awarded: $0.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 153 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-CHURNING; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 01/01/1988 Case Number: 88-01094 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $190,406.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/31/1990 Sum of All Relief Awarded: $20,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 154 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: DO NOT USE-EXECUTIONS-FAILURE TO EXECUTE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 01/01/1988

Case Number: 88-01557 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $45,001.04 Disposition: AWARD AGAINST PARTY Disposition Date: 07/25/1989 Sum of All Relief Awarded: $24,900.52 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 155 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 06/21/1988 Case Number: 88-01784 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OPTIONS Sum of All Relief Requested: $184,145.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/11/1991 Sum of All Relief Awarded: $185,609.61 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 156 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT RELATED-NEGLIGENCE; DO NOT USE-EXECUTIONS-FAILURE TO EXECUTE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 01/01/1988

Case Number: 88-02067 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $890.82 Disposition: AWARD AGAINST PARTY Disposition Date: 06/02/1989 Sum of All Relief Awarded: $596.26 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 157 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-OTHER; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 01/01/1988 Case Number: 88-02906 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $14,850.57 Disposition: AWARD AGAINST PARTY Disposition Date: 09/08/1989 Sum of All Relief Awarded: $1,787.50 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 158 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY- SUITABILITY; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 01/01/1988 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 240 www.finra.org/brokercheck User Guidance

Case Initiated: 01/01/1988 Case Number: 88-03168 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $44,280.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/31/1990 Sum of All Relief Awarded: $12,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 159 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 11/10/1988 Case Number: 88-03197 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $23,391.00 Disposition: AWARD AGAINST PARTY Disposition Date: 06/13/1991 Sum of All Relief Awarded: $13,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 160 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED-FAILURE TO SUPERVISE ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 241 www.finra.org/brokercheck User Guidance ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 01/01/1988 Case Number: 88-99910 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS; OPTIONS Sum of All Relief Requested: $2,067,119.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/14/1990 Sum of All Relief Awarded: $3,616.10 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 161 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 04/05/1989 Case Number: 89-00163 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $120,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 10/19/1990 Sum of All Relief Awarded: $18,083.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 162 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; DO NOT USE-NO OTHER ©2021 FINRA. All rights reserved. Report aboutCONTROVERSY A. G. EDWARDS INVOLVED & SONS, INC. 242 www.finra.org/brokercheck User Guidance

Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 01/01/1989 Case Number: 89-01384 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; GOVERNMENT SECURITIES Sum of All Relief Requested: $5,721.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/20/1990 Sum of All Relief Awarded: $2,860.50 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 163 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 12/01/1989 Case Number: 89-03244 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $75,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 10/29/1990 Sum of All Relief Awarded: $42,500.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 164 of 265 Reporting Source: Regulator Type of Event: ARBITRATION

Allegations: DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 01/26/1990 Case Number: 90-00160 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $148,847.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/23/1992 Sum of All Relief Awarded: $27,475.76 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 165 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 02/12/1990 Case Number: 90-00182 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $100,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/18/1991 Sum of All Relief Awarded: $16,415.26 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 166 of 265 Reporting Source: Regulator Type of Event: ARBITRATION

Allegations: DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 04/12/1990 Case Number: 90-00988 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $4,770.68 Disposition: AWARD AGAINST PARTY Disposition Date: 01/30/1991 Sum of All Relief Awarded: $1,962.30 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 167 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-CHURNING; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED-OTHER; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 05/14/1990 Case Number: 90-01304 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; GOVERNMENT SECURITIES; MUTUAL FUNDS Sum of All Relief Requested: $271,787.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/15/1991 Sum of All Relief Awarded: $13,821.03 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 168 of 265

Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED-NEGLIGENCE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 06/19/1990 Case Number: 90-01657 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; REAL ESTATE INVESTMENT TRUST Sum of All Relief Requested: $30,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 06/28/1991 Sum of All Relief Awarded: $30,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 169 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-CHURNING; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT RELATED-NEGLIGENCE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 09/20/1990 Case Number: 90-01994 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $690,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 12/18/1991 Sum of All Relief Awarded: $300,000.00

There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 170 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED-BREACH OF CONTRACT; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 11/14/1990 Case Number: 90-02154 Disputed Product Type: PREFERRED STOCK; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $99,158.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/28/1992 Sum of All Relief Awarded: $12,690.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 171 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-CHURNING; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 12/11/1990 Case Number: 90-03047 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUNICIPAL BOND FUNDS Sum of All Relief Requested: $143,068.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/23/1993 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 247 www.finra.org/brokercheck User Guidance

Sum of All Relief Awarded: $39,360.82 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 172 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT RELATED-NEGLIGENCE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 11/12/1990 Case Number: 90-03111 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $10,835.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/19/1991 Sum of All Relief Awarded: $7,883.38 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 173 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT RELATED-NEGLIGENCE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 02/26/1991 Case Number: 91-00297 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $1,085,000.00

Disposition: AWARD AGAINST PARTY Disposition Date: 11/27/1991 Sum of All Relief Awarded: $34,309.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 174 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 02/11/1991 Case Number: 91-00427 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $68,120.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/29/1992 Sum of All Relief Awarded: $67,739.38 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 175 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT RELATED-ERRORS-CHARGES; ACCOUNT RELATED-OTHER Arbitration Forum: NASD Case Initiated: 06/12/1991 Case Number: 91-00466

Disputed Product Type: ANNUITIES; MUTUAL FUNDS; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $9,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 02/13/1992 Sum of All Relief Awarded: $2,393.79 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 176 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 05/06/1991 Case Number: 91-00839 Disputed Product Type: LIMITED PARTNERSHIPS; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $56,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 06/24/1992 Sum of All Relief Awarded: $61,950.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 177 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-CHURNING; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OTHER; ACCOUNT ACTIVITY- SUITABILITY Arbitration Forum: NASD

Case Initiated: 03/27/1991 Case Number: 91-00910 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OPTIONS Sum of All Relief Requested: $100,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/14/1991 Sum of All Relief Awarded: $15,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 178 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT RELATED-ERRORS-CHARGES; ACCOUNT RELATED- NEGLIGENCE; ACCOUNT RELATED-OTHER; DO NOT USE-EXECUTIONS- OTHER Arbitration Forum: NASD Case Initiated: 07/12/1991 Case Number: 91-00964 Disputed Product Type: MUNICIPAL BOND FUNDS; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $1,050.00 Disposition: AWARD AGAINST PARTY Disposition Date: 02/26/1992 Sum of All Relief Awarded: $1,050.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 179 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-CHURNING; ACCOUNT ACTIVITY-OTHER; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-NEGLIGENCE ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 251 www.finra.org/brokercheck User Guidance

ACCOUNT ACTIVITY-CHURNING; ACCOUNT ACTIVITY-OTHER; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 07/23/1991 Case Number: 91-01542 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $871,769.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/23/1992 Sum of All Relief Awarded: $59,375.75 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 180 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY- SUITABILITY; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 05/29/1991 Case Number: 91-01578 Disputed Product Type: CORPORATE BONDS; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $60,571.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/16/1992 Sum of All Relief Awarded: $15,564.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 181 of 265 Reporting Source: Regulator Type of Event: ARBITRATION

©2021Allegations: FINRA. All rights reserved. Report aboutACCOUNT A. G. EDWARDS ACTIVITY-BRCH & SONS, INC. OF FIDUCIARY DT; ACCOUNT ACTIVITY- 252 MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-NEGLIGENCE www.finra.org/brokercheck User Guidance

Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 06/07/1991 Case Number: 91-01628 Disputed Product Type: ANNUITIES; COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $150,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/27/1993 Sum of All Relief Awarded: $20,483.70 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 182 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY-OTHER; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 12/03/1991 Case Number: 91-01750 Disputed Product Type: LIMITED PARTNERSHIPS; OPTIONS; REAL ESTATE INVESTMENT TRUST; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $467,601.20 Disposition: AWARD AGAINST PARTY Disposition Date: 07/08/1992 Sum of All Relief Awarded: $4,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information.

i Disclosure 183 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT RELATED-NEGLIGENCE; UNKNOWN TYPE OF CONTROVERSIES Arbitration Forum: NASD Case Initiated: 07/09/1991 Case Number: 91-02049 Disputed Product Type: ANNUITIES; COMMON STOCK; OTHER TYPES OF SECURITIES; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $120,873.87 Disposition: AWARD AGAINST PARTY Disposition Date: 08/14/1992 Sum of All Relief Awarded: $105,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 184 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 09/20/1991 Case Number: 91-02232 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $4,403.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/19/1992 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 254 www.finra.org/brokercheck User Guidance

Sum of All Relief Awarded: $4,403.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 185 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 08/26/1991 Case Number: 91-02502 Disputed Product Type: COMMODITIES FUTURES; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OPTIONS Sum of All Relief Requested: $97,697.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/04/1993 Sum of All Relief Awarded: $21,945.68 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 186 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY- SUITABILITY; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 08/21/1991 Case Number: 91-02533 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; GOVERNMENT SECURITIES Sum of All Relief Requested: $37,303.00 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 255 www.finra.org/brokercheck User Guidance

Sum of All Relief Requested: $37,303.00 Disposition: AWARD AGAINST PARTY Disposition Date: 04/06/1992 Sum of All Relief Awarded: $22,500.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 187 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY-OTHER; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 09/24/1991 Case Number: 91-02905 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OPTIONS Sum of All Relief Requested: $9,412.00 Disposition: AWARD AGAINST PARTY Disposition Date: 12/01/1992 Sum of All Relief Awarded: $6,983.68 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 188 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- CHURNING; ACCOUNT ACTIVITY-OTHER; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 10/08/1991 Case Number: 91-03095 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; ©2021 FINRA. All rights reserved. Report aboutOPTIONS A. G. EDWARDS & SONS, INC. 256 www.finra.org/brokercheck User Guidance

Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OPTIONS Sum of All Relief Requested: $496,600.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/17/1992 Sum of All Relief Awarded: $42,500.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 189 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-BREACH OF CONTRACT Arbitration Forum: NASD Case Initiated: 12/02/1991 Case Number: 91-03288 Disputed Product Type: COMMON STOCK; GINNIE MAES; LIMITED PARTNERSHIPS; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $272,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/18/1992 Sum of All Relief Awarded: $40,725.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 190 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-CHURNING; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE

Arbitration Forum: NASD Case Initiated: 02/24/1992 Case Number: 91-03734 Disputed Product Type: COMMON STOCK; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $600,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/22/1993 Sum of All Relief Awarded: $53,113.50 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 191 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT RELATED-NEGLIGENCE; ACCOUNT RELATED-TRANSFER; DO NOT USE-EXECUTIONS-FAILURE TO EXECUTE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 02/20/1992 Case Number: 92-00208 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $4,051.33 Disposition: AWARD AGAINST PARTY Disposition Date: 11/10/1992 Sum of All Relief Awarded: $3,826.33 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 192 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT RELATED-NEGLIGENCE; DO NOT USE-NO OTHER ©2021 FINRA. All rights reserved. Report aboutCONTROVERSY A. G. EDWARDS INVOLVED & SONS, INC. 258 www.finra.org/brokercheck User Guidance

Allegations: ACCOUNT RELATED-NEGLIGENCE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 04/15/1992 Case Number: 92-00948 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUNICIPAL BONDS Sum of All Relief Requested: $5,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/28/1992 Sum of All Relief Awarded: $5,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 193 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 04/28/1992 Case Number: 92-01303 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $146,019.81 Disposition: AWARD AGAINST PARTY Disposition Date: 02/17/1994 Sum of All Relief Awarded: $295,905.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 194 of 265

Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- CHURNING; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 07/20/1992 Case Number: 92-02139 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OPTIONS Sum of All Relief Requested: $1,400,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/13/1993 Sum of All Relief Awarded: $218,269.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 195 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- SUITABILITY; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 11/05/1992 Case Number: 92-02563 Disputed Product Type: ANNUITIES; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $549,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 12/27/1993 Sum of All Relief Awarded: $55,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 260 www.finra.org/brokercheck User Guidance

i Disclosure 196 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-CHURNING; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING Arbitration Forum: NASD Case Initiated: 09/11/1992 Case Number: 92-02855 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $111,764.00 Disposition: AWARD AGAINST PARTY Disposition Date: 12/09/1993 Sum of All Relief Awarded: $4,318.75 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 197 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT RELATED-NEGLIGENCE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 02/25/1993 Case Number: 93-00436 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $10,066.52 Disposition: AWARD AGAINST PARTY Disposition Date: 08/26/1993 Sum of All Relief Awarded: $4,261.00

There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 198 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- CHURNING; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED- NEGLIGENCE Arbitration Forum: NASD Case Initiated: 05/10/1993 Case Number: 93-01439 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $158,892.36 Disposition: AWARD AGAINST PARTY Disposition Date: 03/25/1994 Sum of All Relief Awarded: $87,987.25 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 199 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 07/13/1993 Case Number: 93-01500 Disputed Product Type: COMMON STOCK; GOVERNMENT SECURITIES; OPTIONS; PREFERRED STOCK Sum of All Relief Requested: $134,747.00 Disposition: AWARD AGAINST PARTY ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 262 www.finra.org/brokercheck User Guidance

Disposition: AWARD AGAINST PARTY Disposition Date: 09/27/1994 Sum of All Relief Awarded: $15,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 200 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- UNAUTHORIZED TRADING; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 07/13/1993 Case Number: 93-02113 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $50,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/31/1994 Sum of All Relief Awarded: $28,842.55 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 201 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- CHURNING; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-BREACH OF CONTRACT Arbitration Forum: NASD Case Initiated: 08/03/1993 Case Number: 93-02777

©2021Disputed FINRA. Product All rights Type:reserved. Report aboutCOMMODITIES A. G. EDWARDS FUTURES; & SONS, INC. COMMON STOCK; DO NOT USE-NO OTHER TYPE 263 OF SEC INVOLVE; OPTIONS www.finra.org/brokercheck User Guidance

Disputed Product Type: COMMODITIES FUTURES; COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OPTIONS Sum of All Relief Requested: $12,000,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/13/1996 Sum of All Relief Awarded: $55,444.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 202 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: DO NOT USE-EXECUTIONS-FAILURE TO EXECUTE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 12/29/1993 Case Number: 93-04353 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $7,500.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/16/1994 Sum of All Relief Awarded: $1,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 203 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-OTHER; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD

Case Initiated: 01/06/1994 Case Number: 93-04868 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $179,726.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/13/1994 Sum of All Relief Awarded: $66,281.82 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 204 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT RELATED-ERRORS-CHARGES; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 01/19/1994 Case Number: 94-00157 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; GOVERNMENT SECURITIES; MUTUAL FUNDS Sum of All Relief Requested: $2,312.93 Disposition: AWARD AGAINST PARTY Disposition Date: 06/27/1994 Sum of All Relief Awarded: $2,312.93 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 205 of 265 Reporting Source: Regulator Type of Event: ARBITRATION

©2021Allegations: FINRA. All rights reserved. Report aboutACCOUNT A. G. EDWARDS ACTIVITY-BRCH & SONS, INC. OF FIDUCIARY DT; ACCOUNT ACTIVITY- 265 MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-NEGLIGENCE www.finra.org/brokercheck User Guidance

Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 08/01/1994 Case Number: 94-02460 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $9,979.00 Disposition: AWARD AGAINST PARTY Disposition Date: 04/17/1995 Sum of All Relief Awarded: $4,485.48 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 206 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT RELATED-ERRORS-CHARGES; ACCOUNT RELATED-TRANSFER; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 09/26/1994 Case Number: 94-02779 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $1,250,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 11/14/1995 Sum of All Relief Awarded: $375,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 207 of 265

Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-SUITABILITY; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 12/06/1994 Case Number: 94-03186 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $4,558.88 Disposition: AWARD AGAINST PARTY Disposition Date: 05/30/1995 Sum of All Relief Awarded: $3,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 208 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY-OTHER; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 11/09/1994 Case Number: 94-03352 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $110,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 06/06/1996 Sum of All Relief Awarded: $117,720.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information.

i Disclosure 209 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-OTHER; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 09/09/1994 Case Number: 94-03616 Disputed Product Type: COMMODITIES FUTURES; COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OTHER TYPES OF SECURITIES Sum of All Relief Requested: $900,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 04/03/1996 Sum of All Relief Awarded: $5,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 210 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-SUITABILITY; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 02/13/1995 Case Number: 95-00634 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $10,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 10/23/1995 Sum of All Relief Awarded: $3,830.00 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 268 www.finra.org/brokercheck User Guidance

Sum of All Relief Awarded: $3,830.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 211 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT RELATED-OTHER; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 03/13/1995 Case Number: 95-00685 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $10,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 09/29/1995 Sum of All Relief Awarded: $10,150.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 212 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- SUITABILITY; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 03/16/1995 Case Number: 95-01153 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OTHER TYPES OF SECURITIES Sum of All Relief Requested: $19,183.12 Disposition: AWARD AGAINST PARTY ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 269 www.finra.org/brokercheck User Guidance

Disposition Date: 10/30/1995 Sum of All Relief Awarded: $2,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 213 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING Arbitration Forum: NASD Case Initiated: 04/05/1995 Case Number: 95-01227 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $33,226.52 Disposition: AWARD AGAINST PARTY Disposition Date: 10/13/1995 Sum of All Relief Awarded: $490,471.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 214 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 04/27/1995 Case Number: 95-01593 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 270 www.finra.org/brokercheck User Guidance

Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $177,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 04/08/1996 Sum of All Relief Awarded: $20,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 215 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY Arbitration Forum: NASD Case Initiated: 04/28/1995 Case Number: 95-01680 Disputed Product Type: ANNUITIES; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS; OTHER TYPES OF SECURITIES Sum of All Relief Requested: Unspecified Damages Disposition: AWARD AGAINST PARTY Disposition Date: 04/25/1996 Sum of All Relief Awarded: $6,325.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 216 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD

Case Initiated: 05/18/1995 Case Number: 95-02368 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $31,550.98 Disposition: AWARD AGAINST PARTY Disposition Date: 08/28/1996 Sum of All Relief Awarded: $717.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 217 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT RELATED-NEGLIGENCE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 05/31/1995 Case Number: 95-02512 Disputed Product Type: ANNUITIES; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $80,977.49 Disposition: AWARD AGAINST PARTY Disposition Date: 04/19/1996 Sum of All Relief Awarded: $18,923.20 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 218 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-BREACH OF CONTRACT ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 272 www.finra.org/brokercheck User Guidance ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-BREACH OF CONTRACT Arbitration Forum: NASD Case Initiated: 06/16/1995 Case Number: 95-02678 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OPTIONS Sum of All Relief Requested: $500,001.00 Disposition: AWARD AGAINST PARTY Disposition Date: 06/17/1996 Sum of All Relief Awarded: $130,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 219 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-SUITABILITY; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 08/24/1995 Case Number: 95-02702 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $9,400.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/17/1996 Sum of All Relief Awarded: $1,500.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 220 of 265 Reporting Source: Regulator Type of Event: ARBITRATION

©2021Allegations: FINRA. All rights reserved. Report aboutACCOUNT A. G. EDWARDS ACTIVITY-CHURNING; & SONS, INC. ACCOUNT ACTIVITY- 273 MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE www.finra.org/brokercheck User Guidance

Allegations: ACCOUNT ACTIVITY-CHURNING; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 06/22/1995 Case Number: 95-03011 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $100,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 04/24/1997 Sum of All Relief Awarded: $56,450.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 221 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-OMISSION OF FACTS; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 10/19/1995 Case Number: 95-03553 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $1,954.60 Disposition: AWARD AGAINST PARTY Disposition Date: 05/08/1996 Sum of All Relief Awarded: $1,650.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 222 of 265

Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT RELATED-ERRORS-CHARGES; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 01/02/1996 Case Number: 95-04002 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUNICIPAL BOND FUNDS Sum of All Relief Requested: $816.08 Disposition: AWARD AGAINST PARTY Disposition Date: 03/28/1996 Sum of All Relief Awarded: $272.88 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 223 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: DO NOT USE-EXECUTIONS-FAILURE TO EXECUTE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 12/12/1995 Case Number: 95-05689 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $1,827.11 Disposition: AWARD AGAINST PARTY Disposition Date: 07/02/1996 Sum of All Relief Awarded: $777.11 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i

Disclosure 224 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-SUITABILITY; DO NOT USE-EXECUTIONS-FAILURE TO EXECUTE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 04/26/1996 Case Number: 95-05737 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $60,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 02/25/1997 Sum of All Relief Awarded: $14,277.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 225 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED- NEGLIGENCE Arbitration Forum: NASD Case Initiated: 02/07/1996 Case Number: 96-00097 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS Sum of All Relief Requested: $90,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 11/26/1996 Sum of All Relief Awarded: $135,000.00 There may be a non-monetary award associated with this arbitration.

Please select the Case Number above to view more detailed information. i Disclosure 226 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 01/25/1996 Case Number: 96-00233 Disputed Product Type: ANNUITIES; COMMODITIES FUTURES; COMMON STOCK; OPTIONS Sum of All Relief Requested: $348,721.44 Disposition: AWARD AGAINST PARTY Disposition Date: 04/07/1997 Sum of All Relief Awarded: $89,041.34 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 227 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 04/25/1996 Case Number: 96-00950 Disputed Product Type: COMMON STOCK; FANNIE MAE; MUNICIPAL BONDS; OTHER TYPES OF SECURITIES Sum of All Relief Requested: $4,772.54 Disposition: AWARD AGAINST PARTY Disposition Date: 09/27/1996 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 277 www.finra.org/brokercheck User Guidance

Disposition Date: 09/27/1996 Sum of All Relief Awarded: $1,513.02 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 228 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT RELATED- NEGLIGENCE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 06/27/1996 Case Number: 96-01936 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; MUTUAL FUNDS; OPTIONS Sum of All Relief Requested: $7,207.13 Disposition: AWARD AGAINST PARTY Disposition Date: 03/10/1997 Sum of All Relief Awarded: $1,372.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 229 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED- NEGLIGENCE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 06/07/1996 Case Number: 96-02350 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $10,150.00 Disposition: AWARD AGAINST PARTY ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 278 www.finra.org/brokercheck User Guidance

Disposition: AWARD AGAINST PARTY Disposition Date: 10/09/1996 Sum of All Relief Awarded: $8,239.23 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 230 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 06/11/1996 Case Number: 96-02351 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; LIMITED PARTNERSHIPS Sum of All Relief Requested: Unspecified Damages Disposition: AWARD AGAINST PARTY Disposition Date: 01/06/1997 Sum of All Relief Awarded: $150.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 231 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-CHURNING; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED- FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 06/27/1996 Case Number: 96-02454 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 279 www.finra.org/brokercheck User Guidance

Case Number: 96-02454 Disputed Product Type: ANNUITIES; COMMON STOCK; OPTIONS; WARRANTS/RIGHTS Sum of All Relief Requested: Unspecified Damages Disposition: AWARD AGAINST PARTY Disposition Date: 02/12/1999 Sum of All Relief Awarded: $40,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 232 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 07/08/1996 Case Number: 96-02834 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; GOVERNMENT SECURITIES; MUTUAL FUNDS Sum of All Relief Requested: $7,320.40 Disposition: AWARD AGAINST PARTY Disposition Date: 01/14/1997 Sum of All Relief Awarded: $4,141.40 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 233 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED- BREACH OF CONTRACT; ACCOUNT RELATED-FAILURE TO SUPERVISE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED

Arbitration Forum: NASD Case Initiated: 09/12/1996 Case Number: 96-03654 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $15,332.50 Disposition: AWARD AGAINST PARTY Disposition Date: 02/13/1997 Sum of All Relief Awarded: $4,850.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 234 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- CHURNING; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 10/29/1996 Case Number: 96-04559 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OPTIONS; OTHER TYPES OF SECURITIES Sum of All Relief Requested: $123,333.00 Disposition: AWARD AGAINST PARTY Disposition Date: 10/07/1997 Sum of All Relief Awarded: $30,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 235 of 265 Reporting Source: Regulator

Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 01/09/1997 Case Number: 97-00017 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OPTIONS Sum of All Relief Requested: $49,855.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/15/1998 Sum of All Relief Awarded: $3,500.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 236 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-CHURNING; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-MARGIN CALLS Arbitration Forum: NASD Case Initiated: 03/18/1997 Case Number: 97-00506 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $96,750.00 Disposition: AWARD AGAINST PARTY Disposition Date: 04/03/1998 Sum of All Relief Awarded: $5,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information.

i Disclosure 237 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY-OTHER; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 04/17/1997 Case Number: 97-00991 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OPTIONS Sum of All Relief Requested: $131,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 05/11/1998 Sum of All Relief Awarded: $112,721.32 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 238 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- CHURNING; ACCOUNT ACTIVITY-OTHER; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 03/27/1997 Case Number: 97-01449 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: Unspecified Damages Disposition: AWARD AGAINST PARTY Disposition Date: 05/13/1998 Sum of All Relief Awarded: $5,000.00

There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 239 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- OMISSION OF FACTS; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 04/03/1997 Case Number: 97-01475 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; LIMITED PARTNERSHIPS Sum of All Relief Requested: $1,916,495.00 Disposition: AWARD AGAINST PARTY Disposition Date: 10/29/1998 Sum of All Relief Awarded: $459,605.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 240 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- CHURNING; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT ACTIVITY- UNAUTHORIZED TRADING Arbitration Forum: NASD Case Initiated: 06/25/1997 Case Number: 97-01840 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $1,030,717.53 Disposition: AWARD AGAINST PARTY

Disposition Date: 08/21/1998 Sum of All Relief Awarded: $48,750.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 241 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-CHURNING; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY Arbitration Forum: NASD Case Initiated: 05/30/1997 Case Number: 97-02194 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $400,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 02/11/1998 Sum of All Relief Awarded: $32,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 242 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 09/04/1997 Case Number: 97-03441 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE

Sum of All Relief Requested: $78,313.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/07/1998 Sum of All Relief Awarded: $37,600.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 243 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- CHURNING; ACCOUNT ACTIVITY-OTHER; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 08/15/1997 Case Number: 97-03675 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $300,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 12/18/1998 Sum of All Relief Awarded: $50,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 244 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY-OTHER; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED- NEGLIGENCE Arbitration Forum: NASD Case Initiated: 08/21/1997

Case Number: 97-03851 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $55,145.79 Disposition: AWARD AGAINST PARTY Disposition Date: 07/16/1998 Sum of All Relief Awarded: $67,145.79 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 245 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY-OTHER; ACCOUNT ACTIVITY-UNAUTHORIZED TRADING; ACCOUNT RELATED- BREACH OF CONTRACT Arbitration Forum: NASD Case Initiated: 09/23/1997 Case Number: 97-04031 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $40,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/15/1998 Sum of All Relief Awarded: $35,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 246 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-CHURNING; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED- NEGLIGENCE

Arbitration Forum: NASD Case Initiated: 10/28/1997 Case Number: 97-04894 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $250,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/24/1999 Sum of All Relief Awarded: $206,629.35 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 247 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: DO NOT USE-EXECUTIONS-FAILURE TO EXECUTE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 01/21/1998 Case Number: 98-00183 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OPTIONS Sum of All Relief Requested: $4,145.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/23/1998 Sum of All Relief Awarded: $4,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 248 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ©2021 FINRA. All rights reserved. Report aboutACCOUNT A. G. EDWARDS ACTIVITY-SUITABILITY & SONS, INC. 288 www.finra.org/brokercheck User Guidance

Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY Arbitration Forum: NASD Case Initiated: 03/18/1998 Case Number: 98-00232 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $71,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 02/12/1999 Sum of All Relief Awarded: $29,600.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 249 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT RELATED- NEGLIGENCE; ACCOUNT RELATED-OTHER; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 03/18/1998 Case Number: 98-00394 Disputed Product Type: COMMON STOCK; CORPORATE BONDS; FANNIE MAE; GINNIE MAES Sum of All Relief Requested: $1,673,913.00 Disposition: AWARD AGAINST PARTY Disposition Date: 12/14/2001 Sum of All Relief Awarded: $20,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 250 of 265 Reporting Source: Regulator ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 289 www.finra.org/brokercheck User Guidance

Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE; DO NOT USE- EXECUTIONS-FAILURE TO EXECUTE Arbitration Forum: NASD Case Initiated: 04/21/1998 Case Number: 98-01166 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $158,257.85 Disposition: AWARD AGAINST PARTY Disposition Date: 03/18/1999 Sum of All Relief Awarded: $18,750.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 251 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- SUITABILITY; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 10/28/1998 Case Number: 98-02495 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OPTIONS; PREFERRED STOCK Sum of All Relief Requested: $141,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 12/15/1999 Sum of All Relief Awarded: $55,224.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information.

i Disclosure 252 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY-OTHER; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 07/19/1999 Case Number: 98-04960 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $500,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/18/2000 Sum of All Relief Awarded: $263,225.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 253 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 03/30/1999 Case Number: 99-01160 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $356,368.00 Disposition: AWARD AGAINST PARTY Disposition Date: 01/24/2000 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 291 www.finra.org/brokercheck User Guidance

Sum of All Relief Awarded: $170,332.50 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 254 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-CHURNING; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 04/22/1999 Case Number: 99-01238 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $171,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 12/05/2000 Sum of All Relief Awarded: $69,161.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 255 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: DO NOT USE-EXECUTIONS-FAILURE TO EXECUTE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 06/03/1999 Case Number: 99-01422 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OPTIONS Sum of All Relief Requested: $10,874.90

Disposition: AWARD AGAINST PARTY Disposition Date: 08/09/2000 Sum of All Relief Awarded: $6,738.81 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 256 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY-OTHER; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED- NEGLIGENCE Arbitration Forum: NASD Case Initiated: 04/29/1999 Case Number: 99-01432 Disputed Product Type: COMMODITIES FUTURES; COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; OPTIONS Sum of All Relief Requested: $865,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 12/21/2000 Sum of All Relief Awarded: $190,659.54 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 257 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT ACTIVITY-SUITABILITY; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 05/26/1999 Case Number: 99-01604 ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 293 www.finra.org/brokercheck User Guidance

Case Number: 99-01604 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $132,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 06/05/2000 Sum of All Relief Awarded: $36,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 258 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED- NEGLIGENCE; DO NOT USE-EXECUTIONS-FAILURE TO EXECUTE; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 05/20/1999 Case Number: 99-01708 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $15,777.86 Disposition: AWARD AGAINST PARTY Disposition Date: 05/18/2000 Sum of All Relief Awarded: $1,125.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 259 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE ©2021 FINRA. All rights reserved. Report about A. G. EDWARDS & SONS, INC. 294 www.finra.org/brokercheck User Guidance

ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 06/11/1999 Case Number: 99-02230 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $125,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 08/17/2000 Sum of All Relief Awarded: $57,900.02 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 260 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- CHURNING; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED- NEGLIGENCE Arbitration Forum: NASD Case Initiated: 07/19/1999 Case Number: 99-02593 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $181,504.00 Disposition: AWARD AGAINST PARTY Disposition Date: 05/24/2000 Sum of All Relief Awarded: $300,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 261 of 265

Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- CHURNING; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED- NEGLIGENCE Arbitration Forum: NASD Case Initiated: 07/19/1999 Case Number: 99-02593 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $181,504.00 Disposition: AWARD AGAINST PARTY Disposition Date: 05/24/2000 Sum of All Relief Awarded: $300,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 262 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- MISREPRESENTATION; ACCOUNT RELATED-BREACH OF CONTRACT; DO NOT USE-NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 10/04/1999 Case Number: 99-03471 Disputed Product Type: DO NOT USE-NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES Sum of All Relief Requested: $120,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 10/30/2000 Sum of All Relief Awarded: $20,150.00

There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 263 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-FAILURE TO SUPERVISE; DO NOT USE- NO OTHER CONTROVERSY INVOLVED Arbitration Forum: NASD Case Initiated: 01/04/2000 Case Number: 99-04848 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $243,884.00 Disposition: AWARD AGAINST PARTY Disposition Date: 07/25/2001 Sum of All Relief Awarded: $16,000.01 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 264 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT RELATED-BREACH OF CONTRACT; ACCOUNT RELATED-FAILURE TO SUPERVISE; ACCOUNT RELATED-NEGLIGENCE Arbitration Forum: NASD Case Initiated: 11/22/1999 Case Number: 99-05003 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $159,282.19 Disposition: AWARD AGAINST PARTY

Disposition Date: 04/30/2001 Sum of All Relief Awarded: $153,753.52 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information. i Disclosure 265 of 265 Reporting Source: Regulator Type of Event: ARBITRATION Allegations: ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY- OMISSION OF FACTS; ACCOUNT ACTIVITY-SUITABILITY; ACCOUNT RELATED-FAILURE TO SUPERVISE Arbitration Forum: NASD Case Initiated: 01/10/2000 Case Number: 99-05313 Disputed Product Type: COMMON STOCK; DO NOT USE-NO OTHER TYPE OF SEC INVOLVE Sum of All Relief Requested: $325,000.00 Disposition: AWARD AGAINST PARTY Disposition Date: 03/21/2001 Sum of All Relief Awarded: $88,000.00 There may be a non-monetary award associated with this arbitration. Please select the Case Number above to view more detailed information.

Civil Bond This type of disclosure event involves a civil bond for the brokerage firm that has been denied, paid, or revoked by a bonding company. Disclosure 1 of 3 Reporting Source: Firm Policy Holder: FIRST UNION SECURITIES, INC. Bonding Company Name: THE HARTFORD Disposition: Payout Disposition Date: 12/11/1985 Payout Details: 243,375.16 DATE PAID DECEMBER 11, 1985 Firm Statement THE ACTUAL POLICY HOLDER OF THIS BOND WAS WHEAT FIRST SECURITIES, INC. WHEAT FIRST SECURITIES , INC. CHANGED ITS NAME TO FIRST UNION CAPITAL MARKETS CORP., WHICH MERGED INTO FIRST UNION SECURITIES, INC. ON OCTOBER 1, 1999. SETTLEMENT OF INSURER ARISING FOR WHEAT FIRST SECURITIES, INC. PAYMENTS TO CLIENTS BECAUSE OF A FRAUDULENT CONDUCT OF A REGISTERED REPRESENTATIVE. THE REGISTERED REPRESENTATIVE, JOHN K. MERICAL, WAS PERMANENTLY BARRED BY THE NEW YOURK STOCK EXCHANGE, INC. ON NOVEMBER 15, 1985, NYSE DEC. NO. 85-126 AND PLED GUILTY TO FEDERAL FRAUD VIOLATIONS AND SERVED A THREE (3) YEAR SENTENCE IMPOSED BY THE FEDERAL COURT. US V JOHN K. MERICAL (NO.1:8500071) US DIST SD WVA. i Disclosure 2 of 3 Reporting Source: Firm Policy Holder: A.G. EDWARDS & SONS, INC. Bonding Company Name: AETNA Disposition: Payout Disposition Date: 01/01/1992 Payout Details: $371,625.00 PAID IN JANUARY, 1992. Firm Statement DISHONEST ACTS BY FORMER EMPLOYEE RICHARD K. PEMBERTON. i Disclosure 3 of 3 Reporting Source: Firm

Policy Holder: A.G. EDWARDS & SONS, INC. Bonding Company Name: NATIONAL UNION FIRE INSURANCE OF PENNSYLVANIA Disposition: Payout Disposition Date: 12/01/1989 Payout Details: THE TERMS OF THE SETTLEMENT ARE SUBJECT TO A CONFIDENTIALITY AGREEMENT. Firm Statement DISHONEST ACTS BY FORMER EMPLOYEE BILLY BOB HARRIS.

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