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Monthly Archives: January 2014

LPL Broker Barred for Nontraded REIT Sales

By Tom Costello of Costello Law Group Gary Chackman, a long time LPL broker, was barred from the financial industry by the Financial Industry Regulatory Authority, Inc. (FINRA) for abusive sales practices involving nontraded real estate investment trusts (REITs). According to FINRA, Chackman falsified documents to effectuate the improper REIT sales. By falsifying […]

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