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Baird to Pay More Than $650K Over Unnecessary Fees
News March 18, 2025 at 10:20 AM
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What You Need To Know
- Baird agreed to pay a $100,000 fine for Reg BI and FINRA rule violations.
- More than 400 brokerage customers were moved into an advisory account and charged unnecessary fees, FINRA says.
- The customers were already receiving the services through existing accounts.
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