U.S. Supreme Court to Decide Legality of SEC In-House Enforcement
July 3, 2023
The U.S. Supreme Court on Friday agreed to hear a bid by President Joe Biden's administration to defend certain Securities...
Rafael Novales
Articles
FS Investments and Portfolio Advisors Combine to Form $75 Billion Alternative Asset Manager
July 3, 2023
FS Investments, a sponsor of alternative investment products, and Portfolio Advisors, a global middle-market private asset specialist, announced they have...
House Committee Passes Tax Legislation Related to Opportunity Zones
July 3, 2023
Last week, the House Ways and Means Committee passed its first package of tax legislation in the 118th Congress which...
SEC Charges Two Oregonians for Conducting $10 Million Ponzi-Like Scheme
July 3, 2023
The Securities and Exchange Commission charged Oregon residents Robert D. Christensen and Anthony M. Matic, as well as several companies...
Bluerock Homes Trust Receives Notice of Effectiveness for Preferred Stock Offering
July 3, 2023
On June 29, 2023, Bluerock Homes Trust (NYSE: BHM) announced the company received a notice of effectiveness from the Securities...
Legion Capital Corporation Announces New Reg A Offering
June 30, 2023
Legion Capital Corporation, a fintech enabled private equity lender, announced approval of their new $75 million Regulation A, Tier II...
FINRA Files Disciplinary Action Against Former Merrill Lynch Advisor Over Cash Transactions
June 30, 2023
The Financial Industry Regulatory Authority announced that it has filed a disciplinary action against James Iannazzo.According to the complaint, Iannazzo...
Shopoff Realty Investments Secures Approval for Arizona Development
June 30, 2023
Shopoff Realty Investments, a manager of opportunistic and value-add real estate investments, announced it has secured unanimous approval from the...
SEC Charges Investment Fund Founder with Defrauding Investors of $25 Million
June 30, 2023
The Securities and Exchange Commission charged William K. Ichioka, of New York, New York, with fraudulently raising $25 million from...
Former Edward Jones Advisors Join LPL Financial
June 30, 2023
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisors Isaac J. Hart, Robert Entwistle Jr., Matthew L...
2023 DST Fundraising Remains Tepid Through May
June 29, 2023
Fundraising for Delaware statutory trust offerings, typically used to facilitate securitized 1031 exchanges, totaled just over $2.1 billion for the...
Trilogy Hires Senior Regional Vice President from Pacific Oak Capital Markets
June 29, 2023
Trilogy Real Estate Group, a Chicago-based real estate investment and property management firm, announced that Travis Hamlin has joined the...
American Elm to Distribute Ascendant Capital Preferred Shares
June 29, 2023
American Elm Distribution Partners LLC, a third-party managing broker-dealer, has been engaged by Ascendant Capital, a Cayman based company, to...
Forum Capital Advisors Closes $10.4 Million Multifamily Investment
June 29, 2023
Forum Capital Advisors LLC, a Denver-based investment management firm, announced the company has closed on a $10.4 million preferred equity...
Former Advisor Group Firm with $275 Million in Assets Join LPL Financial
June 29, 2023
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisors Joe Di Biasi and Greg McElheny, along with...
BREIT Fielding Offers for Bellagio Real Estate
June 28, 2023
Blackstone Real Estate Income Trust is fielding offers for half its interest in the real estate of the Bellagio Hotel...
Caliber Announces Expanded Internal Wholesale Team
June 28, 2023
Caliber, a sponsor of qualified opportunity funds, announced the expansion of its internal wholesale team, which the company says will...
SEC Charges Former Georgia Advisor in Multipart Fraud
June 28, 2023
The Securities and Exchange Commission charged Michael Wayne Williams, an investment adviser formerly registered with the State of Georgia and...
Resource Royalty Announces Closing of 20th Portfolio
June 28, 2023
Resource Royalty LLC, a Dallas-based oil and gas royalty portfolio manager, has announced the closing of its 20th portfolio, Resource...
