trending Market Intelligence /marketintelligence/en/news-insights/trending/YEC71yF3SmIMG8Ii-4bafw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

David Lerner Associates settles charges related to nontraded REITs sales

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory

David Lerner Associates settles charges related to nontraded REITs sales

David Lerner Associates Inc. has agreed to pay $650,000 to the New Jersey Bureau of Securities to settle charges related to the company's sale of nontraded real estate investment trusts statewide.

Under the settlement, David Lerner Associates agreed to pay civil penalties to resolve several charges, including a finding that the company sold nontraded REITs and other alternative products deemed unsuitable to certain investors, according to the bureau. Nontraded REITs are generally less liquid than their publicly traded counterparts, while often carrying higher risks and fees, the bureau said in a statement.

Between March 2006 and December 2010, the company raised an aggregate of $4 billion through the sale of three nontraded REITs, the bureau said in a news release. The transactions included the sale of nontraded REITs to investors who failed to meet suitability standards listed in the products' prospectus, according to the bureau's investigation.