Colorado Financial Service Fined for Failing to Properly Vet Private Placements, REITs It Sold to Customers
Colorado Financial Service Corporation (CFSC) was sanctioned by securities regulators after regulators accused CFSC of failing to conduct due diligence concerning private placements and non-traded real estate income trusts (REITs). CFSC agreed to pay a $10,000 fine levied against it by the Financial Industry Regulatory Authority...
03 March, 2014