FINRA

WITHOUT ADMITTING OR DENYING THE FINDINGS, PICKAR CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT SHE FALSIFIED DOCUMENTS RELATED TO CUSTOMER ACCOUNTS, BY RE-USING ORIGINAL CUSTOMER SIGNATURES FROM PREVIOUSLY EXECUTED DOCUMENTS REQUESTING A WIRE TRANSFER AND IRA DISTRIBUTIONS, AND ALTERING ON EACH DOCUMENT, EITHER THE DATE, TAX WITHHOLDING AMOUNT AND/OR DISTRIBUTION DOLLAR AMOUNT TO EFFECT TRANSACTIONS FOR THE CUSTOMERS. THE FINDINGS STATED THAT ALTHOUGH EACH OF THE CUSTOMERS AUTHORIZED THE TRANSACTIONS THAT WERE EFFECTED BY THE ALTERED FORMS, THE CUSTOMERS WERE UNAWARE THAT THE FORMS WERE ALTERED AND DID NOT AUTHORIZE PICKAR TO RE-USE THEIR PRIOR SIGNATURES. WHILE PICKAR ALTERED THE DOCUMENTS TO EXPEDITE THE TRANSACTIONS FOR THE CONVENIENCE OF THE CUSTOMERS, HER MEMBER FIRM'S WRITTEN PROCEDURES PROHIBITED ALTERING DOCUMENTS IN ANY MANNER.

Acceptance, Waiver & Consent(AWC)

Civil and Administrative Penalty(ies)/Fine(s)

$5,000.00

Suspension

ANY CAPACITY

THREE MONTHS

6/15/2015

9/14/2015

WELLS FARGO ADVISORS, LLC.

Discharged

FIRM TERMINATED PICKAR BECAUSE SHE ALTERED CUSTOMER DOCUMENTS. SPECIFICALLY, PICKAR USED CORRECTION FLUID TO CHANGE DATE AND OTHER DATA POINTS ON COPIES OF DISTRIBUTION AND WIRE REQUESTS THAT WERE PREVIOUSLY EXECUTED BY CLIENTS AND RESUBMITTED THEM FOR SUBSEQUENT REQUESTS. THIS VIOLATED FIRM POLICY NOTWITHSTANDING THAT THE CLIENTS AUTHORIZED AND DIRECTED THE DISTRIBUTIONS.

CHARGED WITH ONE COUNT BURGLARY, A FELONY. PLEADED NO CONTEST TO PETTY THEFT, A MISDEMEANOR, NA.

FELONY

PLEA OF NO CONTEST TO MISDEMEANOR WAS ACCEPTED AND RESULTED IN A FINE AND ONE YEAR PROBATION. FINE OF $210.00 WAS ENTERED. REW WAS FOUND GUILTY OF THE MISDEMEANOR OF PETTY THEFT CHARGE.

THIS EVENT OCCURRED SOME 15 YEARS AGO AND THERE HAVE BEEN NO OTHER EVENTS SINCE THEN.