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CFP Board Suspends Brian R. Gilder

On March 24, 2023, CFP Board Counsel filed a Motion for Interim Suspension Order (Motion) pursuant to Article 2.1.a.1. of CFP Board’s Procedural Rulesrequesting that a Hearing Panel of CFP Board’s Disciplinary and Ethics Commission (DEC) issue an Interim Suspension Order against Mr. Gilder, who was charged with Wire Fraud and Conspiracy to Commit Wire […]

NBA Agent Faces Prison for Stealing Players’ Millions

Charles Briscoe, an NBA Agent previously involved with multiple NBA players, was arrested on felony charges in Katy, Texas, on Thursday morning. The charges arise from an alleged fraud scheme targeting professional basketball players, particularly focusing on their financial vulnerabilities, which can often be exploited by unscrupulous agents and advisors. Briscoe reportedly misled one player […]

John Nicholas Matson Barred by FINRA

John Nicholas Matson (CRD #1796541) has been barred from association with any FINRA member in all capacities. The sanction was issued following an Acceptance, Waiver, and Consent (AWC) agreement in which Matson consented to the findings without admitting or denying them. The bar comes as a result of Matson’s refusal to provide documents and information […]

Blackstone Blocked BREIT Investor Withdrawals

Blackstone Inc recently announced it has blocked investors from cashing out their investments in its $71 billion real estate income trust (BREIT) as the firm struggles with a surge in redemption requests. This decision to restrict withdrawals is significant, particularly considering the current economic climate and the pressures on real estate investments. In February, BREIT […]

Blackstone Defaults On $562MM CMBS

This morning, Bloomberg reported that Wall Street’s largest commercial real estate landlord, private equity giant Blackstone, has defaulted on a $562 million bond. This bond was backed by a portfolio of offices and stores owned by Sponda Oy, a Finnish landlord acquired by Blackstone in 2018. This default is a significant event in the financial […]