Gabriela Frances Burse (CRD #1910360, Registered Principal, Orlando, Florida)
submitted a Letter of Acceptance, Waiver and Consent in which she was barred from
association with any FINRA member in any capacity. Without admitting or denying the
findings, Burse consented to the described sanction and to the entry of findings that
she participated in private securities transactions involving a fraudulent pyramid
scheme in the form of investment contracts, without prior written notice to, or written
permission from, her member firm.