Rosemarie Thurston, Partner, Alston & Bird LLP
3/28/2014 | By Sarah Borchersen-Keto
REIT magazine: March/April 2014
What are your expectations for public, non-listed REITs and their ability to raiseequity in 2014?
How do you see FINRA’s efforts to enhance public, non-listed REITs’ transparency affecting the companies and their investors?
From your discussions with public, non-listed REIT CEOs, what are the main issues on their mind at the moment?
What impact could a new fi duciary standard for brokers have on public, non-listed REITs?
It appears to us that this issue is probably going to be kicked into 2015, and then may actually go away as the election approaches. If a uniform fi duciary standard for all fi nancial advisors was to be passed, it could have a huge impact.