Cambridge joins list of IBDs suspending sale of Schorsch REITs
Cambridge joins list of independent broker-dealers suspending sales of Cole REITs; firm says it is waiting for 'more clarity' before deciding next step.
Another major independent broker-dealer is putting the brakes on selling nontraded real estate investment trusts sponsored by a company controlled by REIT czar Nicholas Schorsch.
Cambridge Investment Research Inc. informed its 3,041 registered reps and advisers on Wednesday that it was halting, for
Learn more about reprints and licensing for this article.
