Central Trade and Transfer is an online auction site for non-traded real estate investment trusts and other direct participation programs
, helping provide liquidity for otherwise illiquid investments through the secondary market.
“It's unfortunate that I have spent the time, money, and emotion defending against these baseless claims, but I have an obligation to my employees and my partners to fight these claims and preserve the ability of my partners to continue to enjoy the benefits of direct participation programs
,” said Cagle.
Once you pass this exam, you may sell mutual funds and variable annuities as well as individual securities (stocks and bonds) and get involved in direct participation programs
(real estate, oil and gas and a variety of other business opportunities).
* Direct participation programs
and limited partnerships
The program also provided comprehensive training on investment banking, securities laws and regulations, trading procedures, margin accounts, customer accounts and direct participation programs
. During the program, the participants were taken through an overall introduction into the Securities industry, and discussed the Servicing and Maintaining of Customer Accounts, Equities, the fundamentals of Debt, Exchange Markets, the Over-the-Counter Market, Margin Accounts, Basic Option Positions and Economics and Securities Analysis.
Rules at the NASD, Washington, now prohibit payment and acceptance of non-cash compensation such as entertainment and travel expenses in connection with the sale of direct participation programs
, variable insurance contracts and public offerings of real estate investment trusts.
She also holds Series 22 (Direct Participation Programs
Representative) and Series 65 (Investment Adviser Representative) securities licenses and is an affiliated agent with the Trustmont Group, a FINRA registered Broker Dealer.
Unless NASD is talking about registered index annuities, this request is a bit of a puzzler because the language of Rule 2210 talks about mutual funds, variable contracts, direct participation programs
, and never mentions fixed annuities.
participates in the development of fields in the oil & gas industry throughout the entire state of Texas offering oil and gas investment opportunities through investment joint ventures and direct participation programs
. These programs provide the opportunity for investors to potentially take advantage of unique tax benefits and potential cash flow through oil and gas investments.