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February 27, 2014
Broker Barred by FINRA for Over-Concentration in REITs and Other Illiquid Alternative Investments

Soreide Law Group, (888) 760-6552, obtained this information from FINRA’s website listed as “Disciplinary and Other FINRA Actions, February, 2014.” Gary Joel Chackman (CRD #1705039, Registered Principal, North Wales, Pennsylvania) was barred by FINRA. According to the FINRA investigation, Gary Chackman recommended real estate investment trusts (REITs) and other alternative investments to his member firm […]

December 20, 2013
Maryland Broker Barred by FINRA Over Sale of Non-Traded REITs

Gary Chackman, a former LPL Financial broker, was barred last week by the Financial Industry Regulatory Authority Inc.(FINRA) for several violations of securities industry rules, including falsifying documents, related to the sale of nontraded real estate investment trusts(nontraded REITS) from 2009 to 2012. In a December 19th InvestmentNews article, Bruce Kelly writes that nontraded REITs […]

December 20, 2013
Maryland Broker Barred by FINRA Over Sale of Non-Traded REITs

Gary Chackman, a former LPL Financial broker, was barred last week by the Financial Industry Regulatory Authority Inc.(FINRA) for several violations of securities industry rules, including falsifying documents, related to the sale of nontraded real estate investment trusts(nontraded REITS) from 2009 to 2012. In a December 19th InvestmentNews article, Bruce Kelly writes that nontraded REITs […]

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