Orlando, Fla., June 25, 2014 (GLOBE NEWSWIRE) -- CNL Financial Group's Head of Regulatory Affairs Kirk Montgomery will speak at the 11th annual IMN Non-Traded REIT Industry Symposium Conference, being held June 26in New York City.
The Information Managing Network's (IMN) yearly Non-Traded REIT Symposium will explore the many regulatory and legal issues facing the non-traded REIT industry. This year's conference is also being expanded to discuss non-traded business development companies (BDCs), which face many of the same regulatory issues.
Montgomery's panel will discuss the practical implementation of recent changes to FINRA RN 14-06 and how those changes will impact various aspects of non-traded REIT and BDC management and sales. Montgomery and executives from other sponsor organizations will address the impact the changes will have on various aspects of their business including product structure and design, distribution strategies, compliance requirements, and compensation agreements.
FINRA RN 14-06 made several updates to the Interpretation of Financial and Operational Rules that govern the securities industry. These changes are expected to significantly alter the regulatory and business environment for non-traded REITs and BDCs.
About CNL Financial Group
CNL Financial Group (CNL) is a leading private investment management firm providing global real estate and alternative investments. Since inception in 1973, CNL and/or its affiliates have formed or acquired companies with more than $28 billion in assets. CNL is headquartered in Orlando, Florida. For more information, visit www.cnl.com.
CONTACT: Sherry Magee Senior Vice President Communications CNL Financial Group (407) 650-1223 Source:CNL Financial Group