Follow this blog on real estate and finance. Jacob Frydman is a real estate developer and investor, investing in real estate development projects in New York City, and the East Coast of the United States.
Wednesday, April 8, 2015
FINRA Rule Changes
In July of last year, globest.com wrote an article on a regulatory change that the Financial Industry Regulatory Authority is putting into place, FINRA Rule 2014-006. This change will require non-traded REITs to report per share NAVs calculated on a periodic basis. I am glad to see that FINRA is taking steps to improve transparency for companies and their investors. The original article can be found at http://www.globest.com/news/12_1049/national/reit/New-Rule-Means-Closer-Look-at-Non-Traded-REITs-355444-1.html
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