LPL, other brokers suspend sales of Schorsch-backed REITs
November 04, 2014 at 18:06 PM EST
NEW YORK, Nov 4 (Reuters) - Problems at real estate investment trust giant American Realty Capital Properties escalated on Tuesday when LPL Financial Holdings said it will temporarily prohibit its almost 14,000 brokers from selling products sponsored by ARCP and RCS Capital Corp.