Jack Bailey: FINRA Investigates Bailey & Co. Advisor

Brentwood, Tennessee financial advisor Jack Bailey (CRD# 5708044) was recently investigated in connection with alleged rule violations. Financial Industry Regulatory Authority records show that he is registered as a broker with Bailey & Company Securities.

Mr. Bailey’s BrokerCheck report discloses FINRA’s investigation into his conduct. Filed in October 2024, the disclosure states that FINRA recommended disciplinary action against him in connection with allegations that he failed to disclose private securities transactions, violating FINRA Rules 3280 and 2010. The investigation remains pending.

Investors should be aware that FINRA Rule 3280 states that brokers like Mr. Bailey may not undertake private securities transactions—transactions involving investments unapproved by their firm—without first providing written notice to their firm. In cases where they have received or may receive selling compensation for the transaction, they must obtain their firm’s written approval. Private securities transactions can create risks for the investor, given that they involve investments not vetted by the firm. Brokers who recommend private securities transactions may be held liable in the event of losses.

Bailey & Company Securities’ website includes a profile of Mr. Bailey that describes his experience as the firm’s co-founder and managing director. “With over 20 years of middle-market experience, Jack has a proven track record for advising healthcare and tech-enabled services companies through complex transactions, such as mergers and acquisitions, debt and capital raising, and more,” it explains. “He has worked on over 100 sell-side, buy-side, and capital raising transactions for both public and private companies.”

According to the Financial Industry Regulatory Authority, Jack Bailey holds 13 years of securities industry experience. Based in Brentwood, Tennessee, has he been registered as a broker with Bailey & Company Securities since 2019. His past registrations include Stillpoint Capital (Tampa, Florida; 2014-2020) and Burch & Company (Brentwood, Tennessee; 2009-2012). His credentials include the passage of five securities industry qualifying exams: the General Securities Principal Examination, or Series 24; the Corporate Securities Limited Representative Examination, or Series 62; the Securities Industry Essentials Examination, or SIE; the Investment Banking Registered Representative Examination, or Series 79TO; and the Uniform Securities Agent State Law Examination, or Series 63. He is licensed in New York, Tennessee, and Virginia. (Information current as of November 4, 2024.)

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