BAIRD, PATRICK & CO., INC. - finra

BrokerCheck Report

BAIRD, PATRICK & CO., INC.

Section Title

Report Summary

Registration and Withdrawal

Firm History

CRD# 1149

1

2

7

Firm Profile 3 - 6

Page(s)

Firm Operations 8 - 12

Disclosure Events 13

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CRD# 1149

SEC# 8-18029

Main Office Location

155 PASSAIC AVENUESUITE 430FAIRFIELD, NJ 07004

Mailing Address


Business Telephone Number

973-575-0171

Report Summary for this Firm

This report summary provides an overview of the brokerage firm. Additional information for this firm can be foundin the detailed report.

Disclosure Events

Brokerage firms are required to disclose certaincriminal matters, regulatory actions, civil judicialproceedings and financial matters in which the firm orone of its control affiliates has been involved.

Are there events disclosed about this firm? Yes

The following types of disclosures have beenreported:

Type Count

Regulatory Event 17

Arbitration 2

Firm Profile

This firm is classified as a corporation.

This firm was formed in Delaware on 12/21/1973.

Its fiscal year ends in December.

Firm History

Information relating to the brokerage firm's historysuch as other business names and successions(e.g., mergers, acquisitions) can be found in thedetailed report.

Firm Operations

This brokerage firm is no longer registered withFINRA or a national securities exchange.

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1©2022 FINRA. All rights reserved. Report about BAIRD, PATRICK & CO., INC.


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This section provides information relating to the date the brokerage firm ceased doing business and the firm's financialobligations to customers or other brokerage firms.

Registration Withdrawal Information

11/30/2017

No

Date firm ceased business:

Does this brokerage firm oweany money or securities toany customer or brokeragefirm?






This firm is classified as a corporation.

This firm was formed in Delaware on 12/21/1973.

CRD#

This section provides the brokerage firm's full legal name, "Doing Business As" name, business and mailingaddresses, telephone number, and any alternate name by which the firm conducts business and where such name isused.

Firm Profile

Firm Names and Locations

Its fiscal year ends in December.


SEC#

1149

8-18029

Main Office Location

Mailing Address

Business Telephone Number

Doing business as BAIRD, PATRICK & CO., INC.

973-575-0171








This section provides information relating to all direct owners and executive officers of the brokerage firm.

Direct Owners and Executive Officers

Firm Profile

Position

Percentage of Ownership

Is this a public reportingcompany?

Position Start Date

Does this owner direct themanagement or policies ofthe firm?

PATRICK, STUART KAVANAUGH

PRESIDENT, DIRECTOR,CCO, TRUSTEE

50% but less than 75%

No

Individual

10/2015

Yes

357788

Is this a domestic or foreignentity or an individual?

Legal Name & CRD# (if any):

Position



Position Start Date


CASTRO, JILL CHRISTINE

SHAREHOLDER


No

Individual

10/2015

No

2269266



Position

Position Start Date

THE GST EXEMPT T/U/W TIMOTHY A. PATRICK DECEASED,STUART K.PATRICK TTEE

STOCKHOLDER/TTEE

Domestic Entity

10/2015








Direct Owners and Executive Officers (continued)

Firm Profile





No

No

Position



Position Start Date


AHLFELD, JAMES B

FINANCIAL AND OPERATIONS PRINCIPAL

Less than 5%

No

Individual

02/2014

No

4955796








This section provides information relating to any indirect owners of the brokerage firm.

Indirect Owners

Firm Profile

No information reported.






Firm History

This section provides information relating to any successions (e.g., mergers, acquisitions) involving the firm.

No information reported.






Firm Operations

RegistrationsThis section provides information about the regulators (Securities and Exchange Commission (SEC), self-regulatoryorganizations (SROs), and U.S. states and territories) with which the brokerage firm is currently registered andlicensed, the date the license became effective, and certain information about the firm's SEC registration.

The firm's registration was from 09/21/1950 to 01/30/2018.

This firm is no longer registered.






Firm Operations

Types of BusinessThis section provides the types of business, including non-securities business, the brokerage firm is engaged in orexpects to be engaged in.

This firm currently conducts 5 types of businesses.

Types of Business

Broker or dealer retailing corporate equity securities over-the-counter

Broker or dealer selling corporate debt securities

Mutual fund retailer

Put and call broker or dealer or option writer

Non-exchange member arranging for transactions in listed securities by exchange member






Firm Operations

Clearing Arrangements

This firm does not 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: PERSHING LLC

Business Address: ONE PERSHING PLAZAJERSEY CITY, NJ 07399

CRD #: 7560

Effective Date: 07/14/2003

Description: APPLICANT INTRODUCES ALL OF IT'S CUSTOMER ACCOUNTS TOPERSHING LLC. WHICH CLEARS ALL SUCH ACCOUNTS ON A FULLYDISCLOSED BASIS. EFFECTIVE JULY 2012 APPLICANT HAS ENTEREDINTO A "PIGGYBACK" TRI-PARTY SUBCLEARING AGREEMENT WITHNORTHEAST SECURITIES 333 EARL OVINGTON BLVD., UNIONDALE, NY11553.






Firm Operations

Industry Arrangements

This firm does have books or records maintained by a third party.

This firm does have accounts, funds, or securities maintained by a third party.

This firm does have customer accounts, funds, or securities maintained by a third party.

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.

Control Persons/Financing

Name: PERSHING LLC


CRD #: 7560


Description: AS CLEARING BROKER PERSHING LLC. HOLDS FUNDS ANDSECURITIES OF BOTH APPLICANT AND ITS INTRODUCED CLIENTS ANDMAINTAINS SUCH ACCOUNTS AS REQUIRED OF A CLEARING BROKER.

Name: PERSHING LLC


CRD #: 7560


Description: AS CLEARING BROKER PERSHING LLC HOLDS CASH AND SECURITIESOF APPLICANT AND ITS INTRODUCED CLIENTS AND MAINTAINS SUCHACCOUNT RECORDS AS REQIRED OF A CLEARING BROKER.

Name: PERSHING LLC


CRD #: 7560


Description: AS CLEARING BROKER PERSHING LLC HOLDS CASH AND SECURITIESOF APPLICANT AND INTRODUCED CLIENTS AND MAINTAINS SUCHACCOUNT RECORDS AS REQUIRED OF A CLEARING BROKER.






Firm Operations

Organization AffiliatesThis section provides information on control relationships the firm has with other firms in the securities, investmentadvisory, or banking business.

This firm is not, directly or indirectly:

· in control of· controlled by· or under common control withthe following partnerships, corporations, or other organizations engaged in the securities or investmentadvisory business.

This firm is not 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






Disclosure Events

All firms registered to sell securities or provide investment advice are required to disclose regulatory actions, criminal orcivil 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 orone of its control affiliates. Further information regarding these events can be found in the subsequent pages of thisreport.

Final On AppealPending

Regulatory Event 0 17 0

Arbitration N/A 2 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 includessummary information regarding FINRA arbitration awards in cases where the brokerage firm wasnamed 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 firmand a regulator report information for the same event, both versions of the event will appear in theBrokerCheck report. The different versions will be separated by a solid line with the reporting sourcelabeled.

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 partycharged 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 forbusiness or other reasons.

§ A "resolved" matter usually involves no payment to the customer and no finding ofwrongdoing on the part of the individual broker. Such matters generally involve customerdisputes.

5. You may wish to contact the brokerage firm to obtain further information regarding any of thedisclosure 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 statesecurities 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 orsuspension of the authority of a brokerage firm or its control affiliate to act as an attorney, accountant or federalcontractor.

Disclosure 1 of 17

Reporting Source: Regulator

Allegations: NASD CONDUCT RULE 2110 AND NASD MARKETPLACE RULE 6620(A) -BAIRD, PATRICK & CO., INC. FAILED WITHIN 90 SECONDS AFTEREXECUTION, TO TRANSMIT THROUGH ACT 206 LAST SALE REPORTS OFTRANSACTIONS IN OTC EQUITY SECURITIES. OF THE 206 TRANSACTIONS,THE FIRM FAILED, WITHIN 90 SECONDS AFTER EXECUTION, TO TRANSMITTHROUGH ACT 131 LAST SALE REPORTS OF TRANSACTIONS IN OTCEQUITY SECURITIES AND FAILED TO DESIGNATE THROUGH ACT SUCHLAST SALE REPORTS AS LATE.

Current Status: Final






Initiated By: NASD

Principal Sanction(s)/ReliefSought:

Other Sanction(s)/ReliefSought:

Date Initiated: 09/23/2005

Docket/Case Number: 20042000141-01

Principal Product Type: Equity - OTC

Other Product Type(s):

Allegations: NASD CONDUCT RULE 2110 AND NASD MARKETPLACE RULE 6620(A) -BAIRD, PATRICK & CO., INC. FAILED WITHIN 90 SECONDS AFTEREXECUTION, TO TRANSMIT THROUGH ACT 206 LAST SALE REPORTS OFTRANSACTIONS IN OTC EQUITY SECURITIES. OF THE 206 TRANSACTIONS,THE FIRM FAILED, WITHIN 90 SECONDS AFTER EXECUTION, TO TRANSMITTHROUGH ACT 131 LAST SALE REPORTS OF TRANSACTIONS IN OTCEQUITY SECURITIES AND FAILED TO DESIGNATE THROUGH ACT SUCHLAST SALE REPORTS AS LATE.

Resolution Date: 09/23/2005

Resolution:

Other Sanctions Ordered:

Sanction Details: WITHOUT ADMITTING OR DENYING THE ALLEGATIONS, BAIRD, PATRICK &CO., INC. CONSENTED TO THE DESCRIBED SANCTIONS AND TO THEENTRY OF FINDINGS; THEREFORE THE FIRM IS CENSURED AND FINED$15,000.

Does the order constitute afinal order based onviolations of any laws orregulations that prohibitfraudulent, manipulative, ordeceptive conduct?

No

Sanctions Ordered: CensureMonetary/Fine $15,000.00

Acceptance, Waiver & Consent(AWC)

iReporting Source: Firm

Allegations: BAIRD PATRICK & CO INC FAILED, WITHIN90 SECONDS AFTER EXECUTION , TO TRANSMIT THRU ACT 206 LAST SALEREPORTS OF TRANSACTIONS IN OTC EQUITY SECURITIES, 131 OF WHICHWERE NOT DESIGNATED THRU ACT AS LATE IN VIOLATION OF NASDRULES 2110 AND 6620(A).







Initiated By: NASD INC.


Censure


FINE OF $15,000.00





Allegations: BAIRD PATRICK & CO INC FAILED, WITHIN90 SECONDS AFTER EXECUTION , TO TRANSMIT THRU ACT 206 LAST SALEREPORTS OF TRANSACTIONS IN OTC EQUITY SECURITIES, 131 OF WHICHWERE NOT DESIGNATED THRU ACT AS LATE IN VIOLATION OF NASDRULES 2110 AND 6620(A).


Resolution:


Sanction Details: WITHOUT ADMITTING OR DENYING THE ALLEGATIONS, BAIRD PATRICK &CO INC CONSENTED TO THE DESCRIBED SANCTIONS AND TO THE ENTRYOF FINDINGS, CENSURE AND FINE OF $15,000.00



Disclosure 2 of 17

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Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC.

Allegations: 07-17-01, SEC RULE 11AC1-1(C)(5), NASD RULES 2110,4632(A),6620(A)-RESPONDENT MEMBER ENTERED PRICED BROADCAST ORDERS INTOSELECTNET THAT WERE EACH PRICED BETTER THAN THE FIRM'S PUBLICQUOTE WITHOUT REFLECTING EACH SUCH ORDER IN THE FIRM'S PUBLICQUOTE AS REQUIRED BY SEC RULE 11AC1-1(C)(5);FAILED, WITHIN 90SECONDS AFTER EXECUTION, TO TRANSMIT THROUGH ACT LAST SALEREPORTS OF TRANSACTIONS IN NASDAQ NATIONAL MARKETSECURITIES;FAILED, WITHIN 90 SECONDS AFTER EXECUTION, TOTRANSMIT THROUGH ACT LAST SALE REPORTS OF TRANSACTIONS INOTC EQUITY SECURITIES;AND ENGAGED IN A PATTERN OR PRACTICE OFLATE REPORTING WITHOUT EXCEPTIONAL CIRCUMSTANCES.











Docket/Case Number: CMS010079

Principal Product Type: Other

Other Product Type(s): UNKNOWN TYPE OF SECURITIES


Resolution:


Sanction Details: CENSURED AND FINED $8,000




Initiated By: NASD REGULATION INC.


Censure


Docket/Case Number: CMS010079



Allegations: THE FIRM WAS CENSURED AND FINED $8000.00 FOR (1) IN 61 INCIDENTSBETWEEN 12/2/1998 AND 12/22/1998, ENTERING PRICED BROADCASTORDERS INTO SELECTNET THAT WERE EACH PRICED BETTER THAN IT'SPUBLIC QUOTE WITHOUT REFLECTING EACH SAID ORDER IN IT'S PUBLICQUOTE AS REQUIRED BY SEC RUYLE 11AC1-1(C)(5)AND(2) FAILING WITHIN90 SECONDS AFTER EXECUTION TO TRANSMIT ACT 37 LAST SALEREPORTS OF TRANSACTIONS IN NASDAQ NATL MKT SECURITIES FORTHGE PERIOD 7/1/1999 THRU 9/30/1999A VIOLATION OF NASD MARKETPLACE RULE 4632(A)








Censure


FINE OF $8000.00


Resolution:


Sanction Details: A CENSURE AND FINE OF $8000.00 (COMPOSED OF A FINE OF $3000.00FOR THE SEC RULE 11AC1-1(C)(5) VIOLATIONS AND A $5000.00 FINE FORTHE TRADE REPORTING VIOLATIONS.



Disclosure 3 of 17

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Docket/Case Number: C8A000050



Allegations: NASD RULES 6130, 2110, 6420, 4632 AND 3010 - RESPONDENT MEMBERFAILED TO ACCEPT ACT ELIGIBLE TRANSACTIONS WITHIN 20 MINUTESAFTER EXECUTION; REPORTED CQS TRANSACTIONS WITHOUT THE ".T"MODIFIER; REPORTED THE INCORRECT VOLUME FOR ONE NNMTRANSACTION; FAILED TO ESTABLISH, MAINTAIN AND/OR ENFORCEADEQUATE WRITTEN SUPERVISORY PROCEDURES TO ADDRESS ALLAREAS OF THE MEMBER'S TRADING AND MARKET MAKING BUSINESS -ACTRULE COMPLIANCE, LIMIT ORDER PROTECTION, SOES ACTIVITY, LOCKEDAND CROSSED MARKETS, SHORT SALE RULE COMPLIANCE, OATS CLOCKSYNCHRONIZATION, AND REGISTRATION OF EQUITY TRADERS ANDSUPERVISORS.









Resolution:


Sanction Details: $12,500 PAID 04/02/01, INVOICE #01-8A-139


Decision & Order of Offer of Settlement


Initiated By: NASD REGULATION INC.


Censure


FINE $12,500.00


Docket/Case Number: C8A00050



Allegations: FAILURE TO ESTABLISH, MAINTAIN AND/OR ENFORCE ADEQUATE WRIITENSUPERVISORY PROCEDURES. ON 4/8 & 4/9/1999 BAIRD PATRICK & CO INC.FAILED TO ACCEPT 23 ACT TRANSACTIONS WITHIN REQUIRED TIMEPURSUANT TO NASD RULE 6130.



Resolution:


Sanction Details: CENSURED AND FINED $12,500.00 3/15/2001



Disclosure 4 of 17

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Reporting Source: Firm

Initiated By: NEW YORK STOCK EXCHANGE


Censure


FINE


Docket/Case Number:

Principal Product Type: Equity Listed (Common & Preferred Stock)


Allegations: MAY 28,1982 BAIRD PATRICK & CO INC WAS CENSURED AND FINED$1500.00 FOR VIOLATION OF ARTICLE III SEC 1 OF THE RULES OF FAIRPRACTICE INTERPRETATION OF FREE RIDING AND WITHHOLDING

STUART K PATRICK WAS CENSURED AND FINED $500.00 FOR LACK OFSUPERVISION UNDER ARTICLE III SEC 1 AND 27 OF THE RULES OF FAIRPRACTICE



Resolution:


Sanction Details: BAIRD PATRICK & CO. INC. WAS CENSURED AND FINED $1,500.00. STUARTK PATRICK WAS CENSURED AND FINED $500.00.


Decision

Disclosure 5 of 17

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Allegations: RESPONDENT MEMBER: SUBMITTED TRADE REPORTS LATE WITHOUT THE ".SLD" MODIFIER; SUBMITTED ONE TRADE REPORT WITH A ".SLD"MODIFIER IN ERROR; SUBMITTED TRADE REPORTS WITH AN INCORRECTPRICE; SUBMITTED TRADE REPORTS WITH INCORRECT VOLUME;SUBMITTED TRADE REPORTS WITH AN INCORRECT BUY/SELL MODIFIER;SUBMITTED TRADE REPORTS WITHOUT THE ".T" MODIFIER; SUBMITTEDONE TRADE REPORT WITH A ".SLD" MODIFIER RATHER THAN A ".T"MODIFIER; SUBMITTED TRADE REPORTS WITH A ".T" MODIFIER IN ERROR;SUBMITTED TRADE REPORTS WITH A ".T" MODIFIER RATHER THAN A ".SLD"MODIFIER; SUBMITTED A BUNCHED TRADE REPORT WITHOUT THE ".B"DESIGNATION; SUBMITTED ONE BUNCHED TRADE REPORT IN ERROR;SUBMITTED ONE BUNCHED TRADE REPORT TWICE; FAILED TO REPORTONE TRANSACTION; DID NOT ACCEPT OR DECLINE TRANSACTIONSTHROUGH ACT WITHIN 20 MINUTES; PREPARED ORDER TICKETS WITHINACCURATE TIME STAMPS; FAILED TO MAINTAIN ORDER TICKETS FORTRANSACTIONS; FAILED TO ESTABLISH, MAINTAIN AND ENFORCEWRITTEN SUPERVISORY PROCEDURES WITH RESPECT TO QUALITY OFMARKETS AND ORDER HANDLING RULES; FAILED TO DESIGNATETRANSACTIONS IN NASDAQ NATIONAL MARKET SECURITIES, IN NASDAQSMALLCAP SECURITIES, IN ELIGABLE SECURITIES, AND IN OTC EQUITYSECURITIES AS LATE TO ACT. THE REPORTING OF THESE TRANSACTIONSCONSTITUTE A PATTERN OR PRACTICE OF LATE REPORTING WITHOUTEXCEPTIONAL CIRCUMSTANCES. (NASD RULES 2110, 3010, 3110, 4632,4632(A), 4642, 4642(A), 6130, 6620, 6420(A), 6620(A); SEC RULES 17A-3, 17A-4)







Initiated By: THE NASD


Censure


$25,000.00 FINE


Docket/Case Number: C10990137



RESPONDENT MEMBER: SUBMITTED TRADE REPORTS LATE WITHOUT THE ".SLD" MODIFIER; SUBMITTED ONE TRADE REPORT WITH A ".SLD"MODIFIER IN ERROR; SUBMITTED TRADE REPORTS WITH AN INCORRECTPRICE; SUBMITTED TRADE REPORTS WITH INCORRECT VOLUME;SUBMITTED TRADE REPORTS WITH AN INCORRECT BUY/SELL MODIFIER;SUBMITTED TRADE REPORTS WITHOUT THE ".T" MODIFIER; SUBMITTEDONE TRADE REPORT WITH A ".SLD" MODIFIER RATHER THAN A ".T"MODIFIER; SUBMITTED TRADE REPORTS WITH A ".T" MODIFIER IN ERROR;SUBMITTED TRADE REPORTS WITH A ".T" MODIFIER RATHER THAN A ".SLD"MODIFIER; SUBMITTED A BUNCHED TRADE REPORT WITHOUT THE ".B"DESIGNATION; SUBMITTED ONE BUNCHED TRADE REPORT IN ERROR;SUBMITTED ONE BUNCHED TRADE REPORT TWICE; FAILED TO REPORTONE TRANSACTION; DID NOT ACCEPT OR DECLINE TRANSACTIONSTHROUGH ACT WITHIN 20 MINUTES; PREPARED ORDER TICKETS WITHINACCURATE TIME STAMPS; FAILED TO MAINTAIN ORDER TICKETS FORTRANSACTIONS; FAILED TO ESTABLISH, MAINTAIN AND ENFORCEWRITTEN SUPERVISORY PROCEDURES WITH RESPECT TO QUALITY OFMARKETS AND ORDER HANDLING RULES; FAILED TO DESIGNATETRANSACTIONS IN NASDAQ NATIONAL MARKET SECURITIES, IN NASDAQSMALLCAP SECURITIES, IN ELIGABLE SECURITIES, AND IN OTC EQUITYSECURITIES AS LATE TO ACT. THE REPORTING OF THESE TRANSACTIONSCONSTITUTE A PATTERN OR PRACTICE OF LATE REPORTING WITHOUTEXCEPTIONAL CIRCUMSTANCES. (NASD RULES 2110, 3010, 3110, 4632,4632(A), 4642, 4642(A), 6130, 6620, 6420(A), 6620(A); SEC RULES 17A-3, 17A-4)


Resolution:


Sanction Details: $25,000.00 FINE; CENSURE

Regulator Statement NONE



iReporting Source:







Initiated By: NASD


Other


FINE


Docket/Case Number: C10990137



Allegations: BAIRD PATRICK & CO SUBMITTED TRADE REPORTS LATE WITHOUTTHE .SLD MODIFIER, SUBMITTED TRADES WITH INCORRECT PRICE &VOLUME, SUBMITTED TRADES WITH IMPRPER MODIFIERS., DID NOTACCEPT TRADES WITHIN 20 MINUTES. FAILED TO ESTABLISH MAINTAINAND ENFORCE ORDER HANDLING RULES. IN VIOLATION OF NAD RULES2110,3010,3110,4632,4642 6130,6620,6420(A), 6620(A) AND SEC RULES 17A-3AND 17A-4



Resolution:


Sanction Details: 25,000.00 FINE, CENSURE



Disclosure 6 of 17

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Docket/Case Number: NY-244

Principal Product Type:

Allegations:












Resolution:


Sanction Details:

Regulator Statement COMPLAINT #NY-2044 FILED 09/22/81DIST. #12DECISION 11/24/81: FINED $1,50005/28/82: CAF $1,500, J&S; APPEAL COSTS OF $528.33, J&SFINES & COSTS FC #8263 08/30/82 #8265 08/30/82


Decision


Initiated By: NASD


Other


FINE





Allegations: RECORDS DO NOT REVEAL ALLEGATIONS



Resolution:


Decision







Sanction Details: FINE 1500.00

Firm Statement COMPLAINT # NY-2044 FILED 9/22/81 DIST # 12 DECISION 11/24/81, FINED$1500.00 5/28/82 APPEAL COSTS OF $528.33


Disclosure 7 of 17

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Docket/Case Number: MS-964-AWC



Allegations:



Resolution:


Sanction Details:

Regulator Statement MARKET SURVEILLANCE COMMITTEE COMPLAINT #MS-964-AWC (A):LETTEROF ACCEPTANCE, WAIVER AND CONSENT FILED JULY 19, 1990 AGAINSTRESPONDENT MEMBER BAIRD PATRICK & CO., INC. ALLEGING VIOLAITONSOF PART VI, SECTION 2(d) OF SCHEDULE D FOR ENTERING NASDAQQUOTATIONS CONTAINING XCESS SPREADS.

THE LETTER OF ACCEPTANCE, WAIVER AND CONSENT WAS ACCEPTED BYTHE MARKET SURVEILLANCE COMMITTEE ON SEPTEMBER 13, 1990 ANDBYTHE NATIONAL BUSINESS CONDUCT COMMITTEE ON OCTOBER 15, 1990.$1,000.00 FINE. ***$1,000.00 PAID ON 12/10/90 INVOICE #90-MS-1251***

Sanctions Ordered: Monetary/Fine $1,000.00

Consent






MARKET SURVEILLANCE COMMITTEE COMPLAINT #MS-964-AWC (A):LETTEROF ACCEPTANCE, WAIVER AND CONSENT FILED JULY 19, 1990 AGAINSTRESPONDENT MEMBER BAIRD PATRICK & CO., INC. ALLEGING VIOLAITONSOF PART VI, SECTION 2(d) OF SCHEDULE D FOR ENTERING NASDAQQUOTATIONS CONTAINING XCESS SPREADS.

THE LETTER OF ACCEPTANCE, WAIVER AND CONSENT WAS ACCEPTED BYTHE MARKET SURVEILLANCE COMMITTEE ON SEPTEMBER 13, 1990 ANDBYTHE NATIONAL BUSINESS CONDUCT COMMITTEE ON OCTOBER 15, 1990.$1,000.00 FINE. ***$1,000.00 PAID ON 12/10/90 INVOICE #90-MS-1251***


Initiated By: NASD


Other


FINE





Allegations: ENTERING NASDAQ QUOTATIONS CONTAINING EXCESS SPREADS



Resolution:



Firm Statement ENTERED NASDAQ QUOTATIONS CONTAINING EXCESS SPREADS


Consent

Disclosure 8 of 17

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Allegations:












Resolution:


Sanction Details:

Regulator StatementMARKET SURVEILLANCE COMMITTEE COMPLAINT #MS-877-AWC (A)LETTEROF ACCEPTANCE, WAIVER AND CONSENT FILED DECEMBER 13, 1989AGAINST RESPONDENT MEMBER BAIRD PATRICK & CO., INC. ALLEGINGVIOLATION OF PART VI, SECTION 2(d) OF SCHEDULE D FOR ENTERINGNASDAQ QUOTATIONS CONTAINING EXCESS SPREADS.

THE LETTER OF ACCEPTANCE, WAVIER AND CONSENT WAS ACCEPTED BYTHE MARKET SURVEILLANCE COMMITTEE ON MARCH 13, 1990 AND BY THENATIONAL BUSINESS CONDUCT COMMITTEE ON APRIL 18, 1990. $500FINE.

Sanctions Ordered: Monetary/Fine $500.00

Consent


Initiated By: NASD


Other


FINE





Allegations: ENTERING NASDAQ QUOTATIONS CONTAINING EXCESS SPREADS








FINE


Resolution:




Consent

Disclosure 9 of 17

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Allegations:



Resolution:


Sanction Details:

Regulator Statement COMPLAINT NO. NY-8072 FILED FEBRUARY 15, 1990 BY DISTRICT NO.12 AGAINST RESPONDENT BAIRD, PATRICK & CO., INC. ALLEGINGVIOLATIONS OF ARTICLE III, SECTION 1 OF THE RULES OF FAIRPRACTICE IN THAT RESPONDENT BAIRD, PATRICK & CO., INC. FAILEDTO HONOR AN ARBITRATION AWARD.

DECISION RENDERED MAY 23, 1990, WHEREIN RESPONDENT BAIRD,PATRICK & CO., INC. IS CENSURED AND ASSESSED COSTS OF THEPROCEEDINGS IN THE AMOUNT OF $524.50. FURTHER, IF RESPONDENTFAILS TO HONOR THE AWARD WITHIN 30 CALENDAR DAYS FROM THEDATEOF THIS DECISION, THE FIRM WILL BE SUSPENDED UNTIL SUCH TIME ASIT DEMONSTRATES TO THE NASD THAT IT HAS FULLY SATISFIED THEAWARD. IF NO FURTHER ACTION, THE DECISION IS FINAL JULY 6,1990. JULY 6, 1990 - DECISION IS FINAL. ***$500.00 PAID ON 5/8/90 INVOICE #90-MS-509*** MAY 30, 1990- BAIRD, PATRICK & CO., INC. SATISFIED THE ARBITRATION AWARD INTHE AMOUNT OF $761.03, CHECK #55024 PAYABLE TO F. W. PAPENHAGEN(ARBITRATION #89-0004). THEREFORE, RESPONDENT MEMBER ISCENSURED AND ASSESSED COSTS OF THE PROCEEDING IN THE AMOUNTOF$524.50. ***$524.50 PAID ON 7/16/90 INVOICE #90-12-722***

Sanctions Ordered: Censure

Decision






COMPLAINT NO. NY-8072 FILED FEBRUARY 15, 1990 BY DISTRICT NO.12 AGAINST RESPONDENT BAIRD, PATRICK & CO., INC. ALLEGINGVIOLATIONS OF ARTICLE III, SECTION 1 OF THE RULES OF FAIRPRACTICE IN THAT RESPONDENT BAIRD, PATRICK & CO., INC. FAILEDTO HONOR AN ARBITRATION AWARD.

DECISION RENDERED MAY 23, 1990, WHEREIN RESPONDENT BAIRD,PATRICK & CO., INC. IS CENSURED AND ASSESSED COSTS OF THEPROCEEDINGS IN THE AMOUNT OF $524.50. FURTHER, IF RESPONDENTFAILS TO HONOR THE AWARD WITHIN 30 CALENDAR DAYS FROM THEDATEOF THIS DECISION, THE FIRM WILL BE SUSPENDED UNTIL SUCH TIME ASIT DEMONSTRATES TO THE NASD THAT IT HAS FULLY SATISFIED THEAWARD. IF NO FURTHER ACTION, THE DECISION IS FINAL JULY 6,1990. JULY 6, 1990 - DECISION IS FINAL. ***$500.00 PAID ON 5/8/90 INVOICE #90-MS-509*** MAY 30, 1990- BAIRD, PATRICK & CO., INC. SATISFIED THE ARBITRATION AWARD INTHE AMOUNT OF $761.03, CHECK #55024 PAYABLE TO F. W. PAPENHAGEN(ARBITRATION #89-0004). THEREFORE, RESPONDENT MEMBER ISCENSURED AND ASSESSED COSTS OF THE PROCEEDING IN THE AMOUNTOF$524.50. ***$524.50 PAID ON 7/16/90 INVOICE #90-12-722***


Initiated By: NASD


Censure




Principal Product Type: No Product


Allegations: BAIRD PATRICK 7 CO INC FAILED TO HONOR AN ARBITRATION AWARD



Resolution:

Other Sanctions Ordered: 500.055 PAID 5/8/90 INVOICE #90-MS-5089 SATISFIED ARBITRATION AWARDIN THE AMOUNT OF $761.03 ASSESSE COST OF PROCEEDINGS 524.50

Sanction Details: ASSESED COSTS OF 524.50


Decision






Firm Statement 7/6/90 DECISIOPN IS FINAL ARBITRATION AWARD PAID TO F. W.PAPENHAGEN (ARBITRATION #89-0004

Disclosure 10 of 17

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Docket/Case Number: Unknown



Allegations:



Resolution:


Sanction Details:

Regulator Statement 2/13/89>SEC LITIGATION, ACTIONS AND PROCEEDINGS BULLETIN FOR THEQUARTER ENDING 06/30/88 (VOL. 54, BULL 02, PG. 263) DISCLOSES:BAIRD PATRICK & CO. INC. FAILED TO SUBMIT AUDIT TRAIL DATA TOQUALIFIED CLEARING AGENCY REGARDING STOCK TRANSACTIONS FROMNOVEMBER 16 THROUGH NOVEMBER 20, 1987. THE FIRM WAS FINED$2,500.00 BY THE NEW YORK STOCK EXCHANGE MARCH 25, 1988.


Decision


Initiated By: NYSE

Allegations: FAILURE TO SUBMIT AUDIT TRAIL DATA TO QUALIFIED CLEARING AGENCY11/16/1987 THRU 11/20/1987







Initiated By: NYSE


Other


FINE


Docket/Case Number: UNKNOWN




Resolution:



Firm Statement BAIRD PATRICK 7 CO INC FAILED TO SUBMIT AUDIT TRAIL DATA TOQUALIFIED CLEARING AGENCY REGARDING STOCK TRANSACTIONS11/16/1987 THRU 11/20/1987


Decision

Disclosure 11 of 17

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Initiated By: AMERICAN STOCK EXCHANGE




Docket/Case Number: Unknown



Allegations:


Resolution: Decision30©2022 FINRA. All rights reserved. Report about BAIRD, PATRICK & CO., INC.






Resolution:


Sanction Details:

Regulator Statement ASE - WEEKLY BULLETIN DATED 10/24/80 - CENSURED. ORDERED TOTAKE APPROPRIATE STEPSTO REVISE ITS EXISTING WRITTEN SUPERVISORY PROCEDURESREGARDING THE OPENING, SUPERVISIONAND MONITORING OF PUBLIC CUSTOMER OPTIONS ACCOUNTS AND TOFURNISH TO THE EXCHANGE'SCOMPLIANCE DEPARTMENT A COPY OF THESE REVISED PROCEDURES.DATE OF CENSURE: 10/11/79.


Decision


Initiated By: AMERICAN STOCK EXCHANGE


Censure



Docket/Case Number: UNKNOWN

Principal Product Type: Options


Allegations: INSUFFICENT SUPERVISORY PROCEDURES REGARDING THE OPENINBGSUPERVISION AND MONITORING OF PUBLIC CUSTOMER OPTIONACCOUNTS



Resolution:


Sanction Details: CENSURE

Firm Statement ORDERED TO REVISE SUPERVISORY PROCEDURES AND TO FURNISH TOTHE EXCHANGES COMPLIANCE DEPT.


Decision






Firm Statement ORDERED TO REVISE SUPERVISORY PROCEDURES AND TO FURNISH TOTHE EXCHANGES COMPLIANCE DEPT.

Disclosure 12 of 17

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Docket/Case Number: AWC-87



Allegations:



Resolution:


Sanction Details:

Regulator Statement COMPLAINT: #AWC-87 FILED 03/05/74DECISION: 03/05/74: FINAL. FINED.FINES & COSTS: 03/11/74: PAID (FC# 5547)

Sanctions Ordered: Monetary/Fine

Consent


Initiated By: NASD


Docket/Case Number: AWC-87

Allegations: UNKNOWN NO RECORDS AVAILABLE








Other


FINE




Resolution:


Sanction Details: FINE UNKNOWN AMOUNT RECORDS NOT AVAILABLE

Firm Statement COMPLAINT # AWC-87 FILED 3/5/74 DECISION 3/5/74 FINAL FINED FINE &COSTS AMOUNT UNKNOWN . DRP BEING FILED TO AGREE WITH NASDFILING


Decision

Disclosure 13 of 17

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Initiated By: HEARING PANEL







Allegations: VIOLATED SEC REGULATION 240.15c3-3(e) BYFAILING TO COMPUTE CUSTOMER RESERVE BANK ACCOUNT AMOUNTS INACCORDANCE WITH THE REGULATION; VIOLATED SEC REGULATION240.15c3-3(b) BY FAILING TO MAINTAIN THE REQUIRED AMOUNT IN ITSCUSTOMER RESERVE BANK ACCOUNT; AND VIOLATED SEC REGULATION240.15c3-3(b) BY FAILING TO MAINTAIN POSSESSION OR CONTROL OFFULLY PAID AND EXCESS MARGIN SECURITIES.








Resolution:


Sanction Details: CONSENT TO CENSURE AND $10,000 FINE.

Regulator Statement PENALTY TO TAKE EFFECTIVE IMMEDIATELY.

Sanctions Ordered: CensureMonetary/Fine

Consent




Censure


FINE


Docket/Case Number: DECISION 93-11



Allegations: VIOLATION OF SEC REGULATION 240.15C3(E) & REGULATION240.15C3-3(B)



Resolution:


Sanction Details: CENSURE AND FINE OF $10,000.00

Firm Statement NEW YORK STOCK EXCHANGE DECISION 93-111 VIOLATION OF SECREGULATION 240.15C3-3(B) ANS SEC REGULATION 240.15C3(E}


Decision

Disclosure 14 of 17

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Initiated By: MASSACHUSETTS SECURITIES DIVISION




Docket/Case Number: E-92-123

URL for Regulatory Action:



Allegations: ON JULY 31, 1992 BAIRD, PATRICK FILED WITHTHE DIVISION AN APPLICATION FOR BROKER-DEALER REGISTRATION INMASSACHUSETTS. THROUGH ITS INITIAL FILING BAIRD, PATRICKDISCLOSED THAT IT HAD ENGAGED IN APPROXIMATELY 53 TRANSACTIONSIN SECURITIES WITH NON-INSTITUTIONAL CUSTOMERS INMASSACHUSETTSDURING THE PERIOD AUGUST, 1990 THROUGH JUNE 9, 1992. BAIRD,PATRICK WAS NEVER REGISTERED AS A BROKER-DEALER INMASSACHUSETTS.



Resolution:


Sanction Details: ON AUGUST 27, 1992 THE MASSACHUSETTS SECURITIESDIVISION ISSUED AN ORDER APPROVING REGISTRATION UPONCONDITIONSIN REGARD TO BAIRD, PATRICK & CO., INC

Regulator Statement ON AUGUST 27, 1992 THE MASSACHUSETT SECURITIESDIVISION ISSUED AN ORDER APPROVING REGISTRATION UPONCONDITIONS. THE ORDER STATES THAT BAIRD, PATRICK & CO., INC.SHALL COMPLY WITH THE STATUTES AND REGULATIONS RELATING TOTHETRANSACTION OF BUSINESS IN SECURITIES IN MASSACHUSETTS; BARID,PATRICK & CO., INC. SHALL IMPLEMENT AND MAINTAIN PROCEDURESAPPROPRIATELY DESIGNED TO ENSURE COMPLIANCE WITH M.G.L. c.110A;BARID, PATRICK & CO., INC. SHALAL PROVIDE THE DIVISION WITH ACOPY OF EACH OFFER OF RESCISSION IT HAS MADE AND A COPY OF THECUSTOMERS' WRITTEN RESPONSE TO THE OFFERS; BARID, PATRICK &CO., INC. SHALL PAY TO THE COMMONWEALTH OF MASSACHUSETTS ANADMINISTRATIVE FINE IN THE AMOUNT O;F $8,208.76.

Sanctions Ordered:

Decision






ON AUGUST 27, 1992 THE MASSACHUSETT SECURITIESDIVISION ISSUED AN ORDER APPROVING REGISTRATION UPONCONDITIONS. THE ORDER STATES THAT BAIRD, PATRICK & CO., INC.SHALL COMPLY WITH THE STATUTES AND REGULATIONS RELATING TOTHETRANSACTION OF BUSINESS IN SECURITIES IN MASSACHUSETTS; BARID,PATRICK & CO., INC. SHALL IMPLEMENT AND MAINTAIN PROCEDURESAPPROPRIATELY DESIGNED TO ENSURE COMPLIANCE WITH M.G.L. c.110A;BARID, PATRICK & CO., INC. SHALAL PROVIDE THE DIVISION WITH ACOPY OF EACH OFFER OF RESCISSION IT HAS MADE AND A COPY OF THECUSTOMERS' WRITTEN RESPONSE TO THE OFFERS; BARID, PATRICK &CO., INC. SHALL PAY TO THE COMMONWEALTH OF MASSACHUSETTS ANADMINISTRATIVE FINE IN THE AMOUNT O;F $8,208.76.


Initiated By: MASSACHUSETTS SECURITIES DIVISION


Other


FINE


Docket/Case Number: E-92-123



Allegations: CONDUCTIONG A RETAIL BROKERAGE BUSINESS WITH CLIENTS INMASSACHUSETTS WITHOUT BEING REGISTERED WITH THE STATE.



Resolution:

Other Sanctions Ordered: MASSACHUSETTS SECURITIES DIVISION ISSUED AN ORDER APPROVINGREGISTRATION OF BAIRD PATRICK 7 CO INC. UPON CONDITIONS

Sanction Details: FINE $8208.76

Firm Statement BAIRD PATRICK SHALL COMPLY WITH THE STATUTES AND REGULATIONSRELATING TO THE TRANSACTION OF BUSINESS IN SECURITIES IN THESTATE OF MASSACHUSETTS.


Decision

Disclosure 15 of 17

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Allegations: SEE SUMMARY







Initiated By: NYSE







Allegations: SEE SUMMARY


Resolution:


Sanction Details: SEE SUMMARY

Regulator Statement BAIRD, PATRICK & CO., INC., A MEMBERORGANIZATION, VIOLATED EXCHANGE RULE 132.30 BY FAILING TOSUBMIT AUDIT TRAIL DATA -- CENSURE AND $2,500 FINE.


Decision




Censure


FINE





Allegations: VIOLATION NYSE RULE 132.20 BY FAILING TO ACCURATELY SUBMIT AUDITTRAIL DATA.








FINE


Resolution:


Sanction Details: CENSURED AND FINED $2500.00

Firm Statement BAIRD PATRICK & CO INC. VIOLATED NYSE RULE N132.20 BY FAILING TOACCURATELY SUBMIT AUDIT TRAIL DATA CENSURED AND FINED $2500.00


Decision

Disclosure 16 of 17

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Allegations: SEE RESULTS



Resolution:


Sanction Details: BAIRD PATRICK & CO., INC. A MEMBER ORGANIZATIONOF THE EXCHANGE VIOLATED: 1) SECTION 11(a)(1) OF THE SECURITIESEXCHANGE ACT OF 1934 AND SEC REGULATION 240.11a-1 BY EFFECTINGTRANSACTIONS ON THE FLOOR OF THE EXCHANGE FOR ITS OWNACCOUNT:2) EXCHANGE RULE 111 BY ALLOWING ITS FLOOR BROKER, AN OFFICEROF THE FIRM, TO INITIATE PROPRIETARY TRADES ON THE FLOOR OF THEEXCHANGE WITHOUT BEING REGISTERED AS REQUIRED; AND 3) SECREGULATION 240.11a1-1(T)(a) BY EFFECTING TRANSACTIONS ON THEFLOOR OF THE EXCHANGE FOR THE FIRM'S PROPRIETARY ACCOUNTWITHOUT ANNOUNCING TO THE CROWD THE PROPRIETARYTRADING-------CONSENT TO A CENSURE AND A $20,000 FINE.


Consent






BAIRD PATRICK & CO., INC. A MEMBER ORGANIZATIONOF THE EXCHANGE VIOLATED: 1) SECTION 11(a)(1) OF THE SECURITIESEXCHANGE ACT OF 1934 AND SEC REGULATION 240.11a-1 BY EFFECTINGTRANSACTIONS ON THE FLOOR OF THE EXCHANGE FOR ITS OWNACCOUNT:2) EXCHANGE RULE 111 BY ALLOWING ITS FLOOR BROKER, AN OFFICEROF THE FIRM, TO INITIATE PROPRIETARY TRADES ON THE FLOOR OF THEEXCHANGE WITHOUT BEING REGISTERED AS REQUIRED; AND 3) SECREGULATION 240.11a1-1(T)(a) BY EFFECTING TRANSACTIONS ON THEFLOOR OF THE EXCHANGE FOR THE FIRM'S PROPRIETARY ACCOUNTWITHOUT ANNOUNCING TO THE CROWD THE PROPRIETARYTRADING-------CONSENT TO A CENSURE AND A $20,000 FINE.

Regulator Statement SEE RESULTS




Censure


FINE





Allegations: VIOLATING SECTION II (A) (I) OS SEC ACT OF 1934AND SEC REGULATION 240.11A-1, NYSE RULE III AND SEC REGULATION240.11AI (T) (A)



Resolution:


Sanction Details: CONSENT TO A CENSURE AND A FINE OF $20,000.00

Firm Statement THE NEW YORK STOCK EXCHANGE DECISION 90-160 ISSUED 2/27/1991BAIRD PATRICK & CO INC. VIOLATED 1)SECTION II (A) (I) OF THE SEC ACTOF 1934 AND SEC REGULATION 240.11A-1 BY EFFECTING TRANSACTIONSON THE FLOOR OF THE EXCHANGE FOR ITS OWN ACCOUNT, 2) EXCHANGERULE III BY ALLOWING ITS FLOOR BROKER, AN OFFICER OF THE FIRM TOINITIATE PROPRIETARY TRADES ON THE FLOOR OF TH EXCHANGEWITHOUT BEING REGISTERED AS REQUIRED:AND 3) SEC REG. 240.11AI (T)(A) BY EFFECTING TRANSACTION ON THE FLOOR OF THE EXCHANGE FORTHE FIRM'S PROPRIETARY ACCOUNT WITHOUT ANNOUNCING TO THECROWD TH PROPRIETARY TRADING. CONSENT TO A CENSURE AND FINEOF $20000.00


Consent





www.finra.org/brokercheck User GuidanceTHE NEW YORK STOCK EXCHANGE DECISION 90-160 ISSUED 2/27/1991BAIRD PATRICK & CO INC. VIOLATED 1)SECTION II (A) (I) OF THE SEC ACTOF 1934 AND SEC REGULATION 240.11A-1 BY EFFECTING TRANSACTIONSON THE FLOOR OF THE EXCHANGE FOR ITS OWN ACCOUNT, 2) EXCHANGERULE III BY ALLOWING ITS FLOOR BROKER, AN OFFICER OF THE FIRM TOINITIATE PROPRIETARY TRADES ON THE FLOOR OF TH EXCHANGEWITHOUT BEING REGISTERED AS REQUIRED:AND 3) SEC REG. 240.11AI (T)(A) BY EFFECTING TRANSACTION ON THE FLOOR OF THE EXCHANGE FORTHE FIRM'S PROPRIETARY ACCOUNT WITHOUT ANNOUNCING TO THECROWD TH PROPRIETARY TRADING. CONSENT TO A CENSURE AND FINEOF $20000.00

Disclosure 17 of 17

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Docket/Case Number: NY 1167



Allegations:



Resolution:


Sanction Details:

Regulator Statement NY 1167 FILED 10/28/67. DEC. 05/04/70 MEMBER CENSURED, FINED$10,000 ASSESSED $58.10. FINAL06/03/70. 06/03/70 B/G CALLED COMPL. FOR REVIEW. DBCC DEC.STAYED. B/G DEC. RENDERED. DEC. 22, 1970WHEREIN FINDINGS MADE & PENALTY IMPOSED BY THE DBCC AREAFFIRMED TO BE FINAL 01/21/71. FINAL F & C PD. 06/20/70;


Decision

iReporting Source:







Initiated By: NASD


Other


FINE & CENSURE


Docket/Case Number: NY1167


Other Product Type(s): UNKNOWN RECORDS UNAVAILABLE

Allegations: UNKNOWN RECORDS UNAVAILABLE



Resolution:


Sanction Details: FINE OF 10,000.00

Firm Statement NY1167 FILED 10/28/1976 DECISION 5/4/1970 MEMBER FINED 10,000.00 ANDCENSURED. NO RECORDS AVAILABLE. DRP FILED TO AGREE WITH NASDFILING


Decision






Arbitration Award - Award / Judgment

Brokerage firms are not required to report arbitration claims filed against them by customers; however, BrokerCheckprovides summary information regarding FINRA arbitration awards involving securities and commodities disputesbetween 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 2


Type of Event: ARBITRATION

Arbitration Forum:

Case Initiated:

Case Number:

Allegations:

Disputed Product Type:

Sum of All Relief Requested:

Disposition:

Disposition Date:

Sum of All Relief Awarded:

NASD

88-02416

ACCOUNT ACTIVITY-MISREPRESENTATION; EXECUTIONS-FAILURE TOEXECUTE; NO OTHER CONTROVERSY INVOLVED

NO OTHER TYPE OF SEC INVOLVE; UNKNOWN TYPE OF SECURITIES

$181,250.00

AWARD AGAINST PARTY

10/27/1989

$52,325.00

There may be a non-monetary award associated with this arbitration.Please select the Case Number above to view more detailed information.

Disclosure 2 of 2

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Type of Event: ARBITRATION

Arbitration Forum:

Case Initiated:

Case Number:

Allegations:

Disputed Product Type:


NASD

07/22/1992

92-01478

ACCOUNT ACTIVITY-BRCH OF FIDUCIARY DT; ACCOUNT ACTIVITY-MISREPRESENTATION; ACCOUNT ACTIVITY-OMISSION OF FACTS;ACCOUNT ACTIVITY-OTHER

COMMON STOCK; NO OTHER TYPE OF SEC INVOLVE

$305,338.05 42©2022 FINRA. All rights reserved. Report about BAIRD, PATRICK & CO., INC.




www.finra.org/awardsonline



Disposition:

Disposition Date:

Sum of All Relief Awarded:

$305,338.05

AWARD AGAINST PARTY

02/13/1995

$67,398.00

There may be a non-monetary award associated with this arbitration.Please select the Case Number above to view more detailed information.






End of Report

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