Regulators in Ohio have issued a cease-and-desist order against a nontraded REIT for pricing shenanigans. Bruce Kelly reports.
Actions compromised independence of embattled broker-dealer, TNP Securities, Finra says.
W.P. Carey is the latest nontraded REIT to join in the liquidity event frenzy, the sixth such REIT so far in 2013. The merger deal, if approved by shareholders, could mean a big premium.
Securities America, citing risk of overconcentration, ends sales of one of REIT maven Nicholas Schorsch's biggest-selling funds.
A pair of Bill Gross-managed closed-end funds have been dragged down in the bond rout. How far down? The two are trading at a discount to their NAV — a rarity.
Informs some clients that they can keep investment options.
Advisers, regulators crying foul as insurers seek alterations.
As investors were yanking $9.9 billion from his flagship fund last month, Bill Gross was adding Treasuries to make up for his wrong-way bet on inflation.
There's shares and underlying shares and therin lies the confusion.
Long-only popularity slides; new managers gravitate toward hedge funds
Cash hoarding, buybacks looks to some like pent-up demand
Two pension funds accused the company of collecting “grossly excessive” compensation from securities-lending returns linked to iShares
New service will offer price ranges for smaller trades.
