The following summation of information is from FINRA's website under "Disciplinary and Other Actions, May, 2014." Robert Christian Acri (CRD #1429736, Winnetka, Illinois) was barred by FINRA for his alleged involvement in the sale of alternative investments. These alternative investments included promissory notes which had defaulted. According to FINRA, they had requested information and documents […]

Recently, FINRA issued an alert regarding “alternative” funds. FINRA points out the key differences between “alternative” funds and the more conventional stocks and bonds. A few points from FINRA on alternative funds: Investment Structure: An alternative fund of funds may offer greater diversification than a single-strategy or even multi-strategy alt fund. At the same time, […]