Concorde Investment Services Fined over Non-Traded REITs
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The New Hampshire Bureau of Securities Regulation recently fined Concorde Investment Services, LLC. Here are the details: Investors were unlawfully charged advisory fees so the agent could “manage” non-traded REITs. This fee should not have been charged because non-traded REITs do not need to be managed. Concorde Investment Services employed an agent that defrauded clients […]