Posts Tagged ‘Investment’

Behringer Harvard REITs Continue Trend in Non-Traded REIT Market

Investors who placed their money in unlisted REITs, including Behringer Harvard, have been awakened to the myriad of issues related to the nature of these products. Unlisted, or non-traded, REITS differ from listed REITs in that they are not traded on an open market.

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SEC to consider mutual fund fees, disclosure on securities

Next year, the Securities and Exchange Commission will look into banning some mutual fund fees, originally intended to cover distribution costs, and requiring point-of-sale disclosure on securities to investors who are in the process of evaluating investment. SEC Chairman Mary Schapiro said she has doubts about whether the fees, called 12(b)-1 in the mutual fund industry, are justified. Schapiro said she anticipates “significant push-back” from financial advisers on expanded disclosure because of the inconvenience and expense.


Financial industry execs oppose proposed transaction tax

Lawmakers are considering a proposal that would levy a tax on all trades of financial products, including stocks, bonds, derivatives and commodities. Executives in the financial industry said the tax would discourage investment in the country, driving business overseas.

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New Website Aims to Further Investor Protection

Tomorrow the Securities and Exchange Commission will be launching a website devoted to educating investors. Interested parties should visit www.investor.gov to investigate the information available. This website will join others, namely that of the Financial Industry Regulatory Authority: http://www.finra.org/Investors.

Such sites aim to educate investors in the hopes that they will be armed with the knowledge to invest in suitable products.

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Brawlin’ Bernie: Madoff victorious in first prison fight

Bernie Madoff, after a heated debate with a fellow inmate over whether the stock market has actually bottomed out, reportedly got into his first altercation since being sentenced to 150 years in a Butner, N.C., federal prison.

Inmates who witnessed the fight told The New York Post that Mr.

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Nadel Investor to Return Money

A trust that pocketed just over $300,000 in false profits — payouts that exceeded the original investment — has volunteered to return 90% of the money in an agreement with a court-appointed receiver.

Unable to post $5 million bail, Nadel, 76, is awaiting indictment in the Metropolitan Correctional Center in New York City. He faces up to 40 years in prison if convicted on federal securities fraud and wire fraud charges.

more at

http://www.heraldtribune.com/article/20090424/ARTICLE/904241025/2055/NEWS?Title=Nadel-investor-to-return-money

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