Check Out Your Investment Broker Before Handing Over Your Nest Egg!

For Individual Brokers

• Current employing firm(s)
• Employment experience for the past 10 years (this includes full- and part-time work, self-employment, military service, unemployment, and full-time education)
• “Other business” engaged in by the individual (excluding non-investment-related activity that is exclusively charitable, civic, religious, or fraternal, and is recognized as tax exempt)
• All approved registrations (provided the individual is currently FINRA registered)

Disclosure Information:

1. Criminal events (all felony charges and convictions; specified investment-related misdemeanor charges and convictions)

2. Regulatory actions taken against an individual by the Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), other federal regulatory agencies, states, self-regulatory organizations (SROs) or foreign financial regulatory authorities that result in a finding of a violation and/or sanction or the issuance of an order

3. Revocations or suspensions of authorization to act as an attorney, accountant or federal contractor

4. Civil judicial actions (e.g., injunctions entered in connection with investment-related activity)

5. Pending civil proceedings that could result in a reportable civil judicial action

6. Pending investigations and regulatory proceedings that could result in a regulatory action as described above

7. Written consumer-initiated complaints reported within the past 24 months alleging sales practice violations and damages of $5,000 or more

8. Written consumer-initiated complaints reported within the past 24 months alleging forgery, theft, misappropriation or conversion of funds or securities

9. Consumer-initiated complaints alleging sales practice violations that settled for $10,000 or more

10. Consumer-initiated arbitration proceedings and civil litigation alleging sales practice violations that are either pending, resulted in an award or civil judgment against the individual, or were settled for $10,000 or more

11. Bonding company denials, payouts or revocations

12. Unsatisfied judgments and liens

13. Bankruptcy proceedings, compromises with creditors and direct payment procedures initiated under the Securities Investor Protection Act within the past 10 years

14. Employment terminations after allegations of: a violation of investment-related statutes, regulations, rules or industry standards of conduct; fraud or wrongful taking of property; or failure to supervise in connection with investment-related activity.

Enjoy...

Patrick L. Baird