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Baird exec fails to disclose rental companies

Dec 19, 2016 - Milwaukee Journal Sentinel (Wisconsin)

James H. Herrick, the Robert W. Baird & Co. Inc. executive who moonlights as an owner of companies that rent out problem-plagued central city properties to low-income tenants, failed to disclose his ownership in the companies, securities filings show.

Stock brokers are required to detail other business activities they are involved in so a firm - and a firm's clients - can assess and avoid potential conflicts.

Waving a printout of Herrick's report posted by the Financial Industry Re...