Bruce Kelly reports that LPL management was caught off guard by news that Montana is probing the brokerage's sale of nontraded REITs.
Report claims Montana preparing case against multiple LPL brokers.
Massachusetts Securities Division seeks payment to investors who bought shares of nontraded real estate investment trusts
In the aftermath of a suit filed by Massachussets, LPL has reined in sales of nontraditional mutual funds.
With clients desperately searching for yield, advisers need to be leery of the marketing claims associated with some fixed-income products, warns Bruce Kelly.
'Unprecedented' layoffs linked to Morgan Keegan deal.
A weak year for the IBD channel accentuated the value of steady income
Ex-brokers' lawyer claims intimidation from B-D
Finra says it is investigating REIT maven Tony Thompson for allegedly failing to turn over documents to the regulator. Bruce Kelly reports.
