Alternative & Direct Investment Securities Association to Welcome 1,000 Attendees to its 2017 Annual Conference Three-day conference includes more than 40 educational sessions on trending topics, investment products, legislative and regulatory updates and more What:   ADISA 2017 Annual Conference & Trade Show When:   October 23 – 25, 2017 Where:   ARIA Resort & Casino – Las Vegas Program Notes: …

KBS Legacy Partners Stockholders to Vote on Liquidation Plan October 18, 2017 | James Sprow | Blue Vault In a filing with the SEC on Tuesday, October 17, KBS Legacy Partners Apartment REIT Inc. announced to stockholders that they will vote on the company's liquidation and dissolution plan at its annual meeting slated for December…

Fiduciary Fallout: Labor Department’s Fiduciary Rule Straightjackets Investors   October 11, 2017 | Brian P. O'Shea | U.S. Chamber of Commerce Hard working Americans deserve the opportunity to secure a sound financial future. Because no two retirement savers or investors are alike, the key to providing that future lays in ensuring a robust and diverse choice of…

Can FINRA Help Small Broker Dealer Firms Survive? October 13, 2017 | James Sprow | Blue Vault In an article on October 12, Robert Cook, FINRA’s new CEO, was quoted in InvestmentNews as saying at a conference of the American Institute of Certified Public Accountants and the SIFMA Financial Management Society, "We want to create…

FS Investment Corporation III Amends Distribution Reinvestment and Share Repurchase Programs, Will Close Offering November 1 October 16, 2017 | James Sprow | Blue Vault   On October 13, 2017, FS Investment Corporation III (a nontraded BDC) amended its distribution reinvestment plan (“DRP”). The amended DRP will be effective as of, and will first apply…

FS Investment Corporation IV Amends Distribution Reinvestment and Share Repurchase Programs, Will Close Offering November 1 October 16, 2017 | James Sprow | Blue Vault On October 13, 2017, FS Investment Corporation IV (a nontraded BDC) amended its distribution reinvestment plan (“DRP”). The amended DRP will be effective as of, and will first apply to…

KBS Strategic Opportunity REIT to Sell 11 Properties to Singapore REIT October 16, 2017  | James Sprow | Blue Vault On October 13, 2017 KBS Strategic Opportunity REIT, Inc. announced its intentions to sell 11 of its properties to various subsidiaries of a newly formed Singapore real estate investment trust (the “SREIT”) that is expected…

“PASS” Act to Repeal the DOL Fiduciary Rule Moves to U.S. House Floor October 13, 2017 | James Sprow | Blue Vault Representative Ann Wagner’s Protecting Advice for Small Savers (PASS) Act of 2017 (H.R. 3857) has passed the House Financial Services Committee in a straight party-line 36-34 vote and will now proceed to the…

KBS REIT Finalizes Its Full-Cycle Liquidation in Filing October 12, 2017 | James Sprow | Blue Vault On October 10, 2017, KBS Real Estate Investment Trust, Inc. filed articles of dissolution with the State Department of Assessments and Taxation (“SDAT”) of Maryland pursuant to the Company’s plan of complete liquidation and dissolution. The Plan of…