FS Investments, a leading alternative asset manager with over $35 billion in assets under management, today announced that FS Credit Income Fund will increase its distribution for all share classes. This is effective with the payment of the quarterly distribution on April 3, 2023. FS Credit Income F...

Blackwells Capital LLC (together with its affiliates “Blackwells” or “we”), today issued a letter to fellow shareholders regarding the urgent need for boardroom change at The Necessity Retail REIT, Inc. (NASDAQ: RTL) (“Necessity Retail REIT” or “RTL”). The full letter to shareholders...

Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced today that Stuart Bahnmuller has joined the firm as senior vice president, RIA product specialist to lead a national sales team for wealt...

The head of the U.S. Securities and Exchange Commission came under fire on Tuesday from Republican lawmakers who said the agency was stifling financial innovation by rushing the pace of rulemaking in areas such as climate change risks and unclear rules on cryptocurrencies. SEC Chair Gary Gensler was...

CG Advisor Network, a Haslett, Mich.-based registered investment advisor with $3.1 billion in advisory and brokerage assets, has chosen LPL Financial as its primary custodian and exclusive broker-dealer. The firm previously had been with TD Ameritrade and Geneos Wealth Management, according to a new...

NexPoint, a multibillion-dollar alternative investment firm, today announced the launch of NexPoint Storage IV DST, a Delaware statutory trust (“DST”) offering comprised of three Class A, GenerationV (“GenV”) assets in submarkets with high levels of growth and average househo...

A Finra proposal designed to make it tougher for brokers to clear their records of customer disputes has finally crossed the finish line. n Wednesday, the Securities and Exchange Commission approved the measure, which would tighten procedures for brokers seeking expungement. The Financial Industry R...

The number of Americans filing new claims for unemployment benefits increased more than expected last week, further evidence that labor market conditions were gradually easing as higher borrowing costs dampen demand in the economy. The slowing momentum in the economy was underscored by other data fr...

US stocks ended lower on Wednesday after minutes from the Federal Reserve’s March policy meeting revealed concern among several members of the Federal Open Markets Committee (FOMC) regarding the regional bank liquidity crisis. The minutes followed a cooler-than-expected inflation report which ...