Nontraded REITs could be affected by FINRA proposal

04/25/2013 | InvestmentNews (free registration)

The Financial Industry Regulatory Authority has proposed two options for broker-dealers in how they report the value of illiquid investments, a category that includes nontraded REITs. In general, the proposed changes aim to add transparency and provide more information to investors. FINRA plans to file the proposed changes with the U.S. Securities and Exchange Commission.

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