John Patrick Walsh (CRD # 1993952, Registered Principal, Yonkers, New York) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Walsh consented to the described sanction and to the entry of findings that he misappropriated stock and mutual fund shares valued at $2,057,248.52 from his member firm, sold the stock and made personal use of the proceeds. The findings stated that Walsh misappropriated $198,574.50 from a credit union affiliated with his firm by procuring a line of credit and creating false holdings in stock at his firm to secure the loan.