SEC Collects Wall Street’s Private Messages as WhatsApp Probe Escalates
September 26, 2023
The Securities and Exchange Commission has collected thousands of staff messages from more than a dozen major investment companies, escalating...
Rafael Novales
Articles
Capital Square Completes Lease-Up of Virginia OZ Development, Pays Special Distribution to Investors
September 26, 2023
Capital Square, a sponsor of tax-advantaged real estate investments and developer of multifamily communities, announced the completion of initial lease-up...
SEC Fines Boston RIA $1 Million in Ongoing Marketing Rule Crackdown
September 26, 2023
The Securities and Exchange Commission has fined Wellesley Asset Management, an RIA based in a suburb of Boston, in its...
Eagle Point Institutional Income Fund Joins Fidelity Alternative Investment Network Platform
September 26, 2023
Eagle Point Institutional Income Fund, a non-traded closed-end interval fund managed by Eagle Point Credit Management LLC, announced that the...
FS Credit REIT Reports Slightly Lower Monthly NAV Per Share
September 26, 2023
FS Credit Real Estate Income Trust Inc., a monthly net asset value REIT sponsored by FS Investments, has declared a...
SEC Charges Five Individuals for $15 Million Ponzi Scheme
September 26, 2023
The Securities and Exchange Commission announced charges against Mexico-based company Aras Investment Business Group S.A.P.I. de C.V., its CEO Armando...
JLL Income Property Trust Diversifies into Private Credit with $27 Million Multifamily Mortgage Loan
September 25, 2023
JLL Income Property Trust, a daily net asset value non-traded real estate investment trust with $7 billion in portfolio assets,...
Ares Industrial REIT NAV Per Share Tumbles 2.5% in August
September 25, 2023
Ares Industrial Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust managed by Ares Management Corporation...
SEC Settles Charges with American Infrastructure Funds for $1.6 Million
September 25, 2023
The Securities and Exchange Commission announced that American Infrastructure Funds LLC (AIM), a Foster City, California-based registered investment adviser to...
FINRA Bars Adviser for Nearly $2 Million in Securities Transactions without Approval
September 25, 2023
The Financial Industry Regulatory Authority barred Leslie D. Jackson, an adviser who participated in 19 private securities transactions totaling $1.98...
SEC Charges Californian with $11.8 Million Ponzi Scheme
September 22, 2023
The Securities and Exchange Commission charged Richmond, California resident Tilila Walker Sumchai with raising approximately $11.8 million from more than...
Opinion: How the SEC’s Internal Failures Undermine Investor Trust
September 22, 2023
The Securities and Exchange Commission recently exposed significant shortcomings in its internal control systems, placing its role as the financial...
Inspired Healthcare Capital Begins Construction on Oregon Senior Housing Property
September 22, 2023
Inspired Healthcare Capital LLC, a private equity firm specializing in senior housing investments, announced the start of construction on a...
Brookfield REIT Reports Lower Monthly NAV Per Share
September 22, 2023
Brookfield Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust formerly known as Oaktree Real Estate...
SEC Adopts Amendments to Fund Names Rule
September 21, 2023
The Securities and Exchange Commission adopted amendments to the Investment Company Act “Names Rule,” which addresses fund names that are...
Capital Square Names New Head of Southwestern Sales
September 21, 2023
Capital Square, a sponsor of tax-advantaged real estate investments and developer of multifamily communities, announced that Natalie Stephens has been...
FINRA Fines and Suspends Adviser for Improper Non-Traded REIT Sale
September 21, 2023
The Financial Industry Regulatory Authority fined and suspended Elba M. Nogueras for Regulation Best Interest violations related to a non-traded...
Industry Trade Groups Urge SEC to Withdraw Proposed AI Rule
September 21, 2023
The Securities and Exchange Commission continues to receive backlash to it proposed technology rule, “Conflicts of Interest Associated with the...
1031 Crowdfunding Acquires Two Florida Assisted Living Facilities for DST Offering
September 21, 2023
1031 Crowdfunding, an online marketplace for investors seeking 1031 exchange-qualified properties, announced the acquisition of two assisted living facilities in...
Sponsored: Eyeballs Financial LLC Rebrands as Finntalk Teaches Financial Literacy
September 21, 2023
THE PROBLEM - Worldwide only 33 percent of adults are financially literate. Around 3.5 billion people don’t understand basic financial...
