ARCP CFO Brian Block Ordered to Report to Federal Prison
May 29, 2020
Brian Block, long-time partner of AR Global’s Nicholas Schorsch and former chief financial officer of American Realty Capital Properties, will...
Stephanie Adamson
Articles
JVM Securities Appoints Industry Veteran as New President
May 29, 2020
JVM Securities LLC, the brokerage and distribution arm of JVM Realty Corporation, has appointed Holly Onachilla as president. In her new...
LPL Financial to Buy $2 Billion Hybrid with 35 Advisors
May 29, 2020
LPL Financial LLC, the nation’s largest independent broker-dealer, has agreed to purchase the assets of E.K. Riley Investments LLC, a...
FS KKR Capital Corp. II to List on the NYSE Next Month, Announces Reverse Stock Split
May 28, 2020
FS KKR Capital Corp. II (FSK II), a non-traded business development company, has commenced the final steps to prepare for...
Massachusetts Securities Division Charges GPB for Allegedly Defrauding Investors
May 28, 2020
The Massachusetts Securities Division has charged GPB Capital Holdings with allegedly violating state securities laws, after an investigation found that...
Inland Real Estate Income Trust Suspends Distributions, Rescinds 1Q20 Distribution
May 28, 2020
Inland Real Estate Income Trust Inc., a publicly registered, non-traded real estate investment trust, has suspended distributions and rescinded the...
FINRA Amends Rules to Incentivize Payment of Arbitration Awards
May 28, 2020
The Financial Industry Regulatory Authority has amended its Membership Application Program (MAP) rules to incentivize the timely payment of arbitration...
Private Equity Firm Ares Management to Pay $1 Million to Settle SEC Charges
May 27, 2020
Ares Management LLC, a Los Angeles-based private equity firm and registered investment adviser, has agreed to pay $1 million to...
Griffin Capital Opportunity Zone Fund Surpasses $360 Million in Fundraising
May 27, 2020
Griffin Capital Qualified Opportunity Zone Fund L.P., a Regulation D opportunity zone fund sponsored by alternative investment asset manager Griffin...
MacKenzie Launches Tender Offer for Shares of Pacific Oak Strategic Opportunity REIT
May 27, 2020
MacKenzie Realty Capital, a publicly registered non-traded business development company, has launched an unsolicited tender offer to purchase 160,000 shares...
LPL Financial Recruits Father/Son Duo from Morgan Stanley
May 27, 2020
LPL Financial LLC, the nation’s largest independent broker-dealer, has added father and son advisors Bruce and Duncan Kelm of the...
RW Holdings NNN REIT Reduces NAV Per Share and Distribution Rate
May 26, 2020
RW Holdings NNN REIT Inc., a publicly registered non-traded real estate investment trust formerly known as Rich Uncles NNN REIT...
Capital Square 1031 Fully Subscribes DST Offering of Multifamily Community in Virginia Beach
May 26, 2020
Capital Square 1031, a sponsor of Delaware statutory trust offerings, has fully subscribed CS1031 Saltmeadow Bay Apartments DST, a Regulation...
SEC Charges Three Former KPMG Audit Partners for Exam Sharing Misconduct
May 26, 2020
The Securities and Exchange Commission has settled charges against three former KPMG LLP audit partners who allegedly shared answers to...
Ameriprise Advisor With $143 Million in Assets Rejoins Company After 26 Years
May 26, 2020
Ameriprise Financial (NYSE: AMP) announced that financial advisor Timothy O’Connor recently rejoined the franchise channel after spending the last 26...
FS KKR Capital Corp. II BDC to Give Update on Public Listing
May 26, 2020
FS KKR Capital Corp. II (FSK II), a non-traded business development company, will provide its shareholders with additional details in...
Hearing Panel Rejects FINRA Allegations Against Shopoff Securities and Officers
May 22, 2020
In a decision delivered yesterday, a three-person Financial Industry Regulatory Authority hearing panel dismissed fraud charges leveled by the agency’s...
Atria Wealth Solutions Buys Broker-Dealer with $11 Billion AUA
May 22, 2020
Atria Wealth Solutions Inc., a wealth management holding company, has closed the acquisition of Western International Securities Inc, an independent...
The Parking REIT Delays Calculating Net Asset Value Per Share
May 22, 2020
The Parking REIT Inc., a publicly registered non-traded real estate investment trust formed by the December 2017 merger of MVP...
Smarsh Acquires Cybersecurity and Compliance Software Firm
May 22, 2020
Smarsh, a compliance and regulatory technology firm for wealth management companies, has purchased Entreda, a provider of cybersecurity risk and...
