Live from the FSI OneVoice Broker-Dealer Conference: Exams do 'deep dive' on sale of products such as nontraded REITs, Commonwealth's Tolley says. <b><i> <a href="http://www.investmentnews.com/section/video?playerType=Events&bctid=3117749314001&date=20140128">Check out a video interview with Dale Brown, where the organization's president and CEO offers his Finra wish list.</a> </b></i>
Shareholders of Nicholas Schorsch's American Realty Capital Properties turned thumbs down on the eye-popping pay plan for Mr. Schorsch and other top execs. <i>(Plus: <a href="http://www.investmentnews.com/article/20140602/FREE/140609999" target="_blank">Schorsch sells a health care REIT</a>)</i>
$1.975B sale will pay for land under 500 Red Lobster restaurants
Match 'made in heaven' says president of WRP, which has 350 reps and had $48 million in gross revenue in '13.
Responding to a letter from an activist investor, Nicholas Schorsch says he will keep building the company but his acquisition pace will slow. <i>(And on Monday, <a href="http://www.investmentnews.com/article/20140602/FREE/140609990" target="_blank">ARCP shareholders rejected Schorsch's executive comp plan</a>)</i>
Regulator still reviewing industry comments on rule to give investors better handle on share values.
Nontraded REIT industry backs Finra's proposed disclosure rule but wants implementation pushed out to late 2015.
With heady momentum after a record year of sales, nontraded REITs are expected to be popular with advisers and investors again in 2014 but new regs and climbing interest rates could dampen enthusiasm.
After firing James Holbrook Jr. in May, the regional brokerage alleges the former chief executive used corporate credit cards for personal expenses and company resources on sporting events.
