SRO recorded substantial losses in 2012
A half dozen nontraded REITs are planning 'liquidity events' that could float investors' boats. Bruce Kelly has the details.
Finra has ordered Wells Fargo and Merrill Lynch to pay $5.1 million to settle charges related to sales of bank loan mutual funds -- just as investors are stampeding into such funds.
Four top executives of private-placement Ponzi scheme Provident Royalties were sentenced to prison, bringing to a close one of the most sordid tales in the history of alternative investments.
Nick Schorsch's American Realty Capital Trust IV strikes $1.45 billion deal with GE Capital for a tasty portfolio of properties. The deal comes hot on the heels of an $807 million purchase for his traded REIT last Friday.
It's good times in the nontraded REIT industry. The lastest sign: ARCP boss Nick Schorsch plans to stage yet another 'liquidity' event — this time, taking a REIT brokerage public.
Broker-dealers, feeling the heat from regulators, are changing how they sell alternatives. Bruce Kelly has all the details.
Latest nontraded property trust to announce liquidity event
Finra has charged brokerage chief Tommy Belesis and his firm, John Thomas Financial, with fraud in a front-running scheme to make $1 million on a penny stock. Bruce Kelly has the story.
