David Lerner Associates Inc. isn't out of the legal woods despite the stiff sanctions leveled against it last week over the firm's sale of nontraded REITs and municipal bonds.
Finra on Monday lowered the boom on David Lerner Associates and its high-profile CEO.
Insurers that underwrite errors-and-omissions policies for broker-dealers are exercising greater authority in approving the alternative investments that their clients sell.
Cole turns down bid from rival American Realty Capital; minimizes the premium
Advisers, investors looking for answers after REIT's management rejects generous bid from American Realty Capital
20-year vet was key to broker-dealer's emergence as industry juggernaut
Suddenly, two giants in the REIT universe are going at it hammer and tong. At stake? Creation of the largest net-lease real estate investment trust.
Industry watchers say acquisitive broker-dealer Cetera may be eying two of the insurer's B-Ds.
According to a letter sent out by CEO Mark Casady, LPL plans to outsource a number of back office jobs this year. As a result, some current employees will be let go in the second half.
