Particular person buyers aren’t having a good time within the markets for the time being, so the very last thing they want is a brand new restriction on the place they will make investments their cash.
However that’s what the North American Securities Directors Affiliation (NASAA) is recommending with its proposal to cap at 10% of liquid internet well worth the quantity that particular person buyers can put into real-estate funding trusts (REITs) that aren’t traded on public exchanges. Whereas NASAA doesn’t promulgate rules, its strategies are sometimes adopted in U.S. states and Canada.
