Monthly Archives: March 2014

LPL Financial Fined Over REIT Sales

Screen Shot 2014-03-25 at 3.31.09 PM

REIT loss recovery has become a hot topic for regulators and investors alike. Last week, the Financial Industry Regulatory Authority – FINRA – fined the nation’s largest independent brokerage firm, LPL Financial, almost $1 million over bad alternative investments sales. Most notable among those alternatives were nontraded REITs. As we have noted before, Real Estate […]

Securities America Under Fire For Nontraded REIT Sales


According to reporting by a leading investment industry trade publication, Investment News, Securities America, Inc., a Le Vista, Nebraska based independent broker-dealer firm owned by Ladenburg Thalmann & Co., Inc. is again under investigation for its actions with regard to sales of nontraded real estate investment trusts (REITs).  Last year, Securities America was one of […]

Hope for Investors Who Lost Money in Tremont and Rye Select Funds


The media circus surrounding Bernie Madoff is finally winding down. The Justice Department is finishing up the trials against Madoff’s former management team. With Madoff serving life in prison, the public has relegated Madoff to the history books. Everyone has moved on… everyone except his victims. Thousands of investors will never forget the economic carnage […]

Non-Traded REIT Funds? Buyer Beware (REIT Loss Post)


There is a new threat in the marketplace according to the SEC, Alternative Mutual Funds. While the name seems benign enough, the SEC warns that some of these new funds are bulking up on nontraded REITS – Real Estate Investment Trusts. REITs are a great way for everyday investors to participate in large real estate […]