Non-Traded REITs, Structured Products, and Private Placements Remain Under Regulator Scrutiny

According to state regulators, non-traded real estate investment trusts, structure products, and private placements, are some of the financial instruments that the states and insurance regulators are watching closely. First Deputy Commissioner of the Iowa Insurance Division Jim Mumford and Alabama Securities Commission director Joseph P. Borg recently spoke at a panel at the Insured Retirement Institute’s Government, Legal and Regulatory Conference.

博格指出，越来越多的代理商现在正在出售无牌的金融产品，保险代理商出售私人位置并使客户脱离保险产品，并进入第506条规定。规则为证券的私人产品建立了安全港。bob200体育这样的工具只能提供给经认可的投资者和未经认可的投资者，这些投资者有足够的精致能够评估这类投资。但是，代理商试图通过声称（不存在的）律师给他们一封信，指出私人发行实际上不是安全性，bob200体育试图绕过证券法。

Also up for sale lately are self-directed IRAs and promissory notes. Structured products have also been quite popular, although unfortunately, Borg noted, many agents and brokers don’t even understand what they are selling.

Certain investments just aren’t for everyone. We represent investors that have suffered losses related to fraud involving non-traded REITs,mortgaged-backed securities, alternative investments,collateralized debt obligations,private placements, and other financial products. Contact ourcomplex investment fraud lawyerstoday.

State regulators on high alert for complex investment and insurance sales，InvestmentNews，2014年7月2日

SEC Regulation 506 of Regulation D

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