The Financial Industry Regulatory Authority’s (FINRA’s) 2009 prohibition of broker-dealers using information that is more than 18 months old to estimate the value of a nontraded REIT is causing problems for the firms that are trying to abide by it, and is raising a basic question that is hard to answer ? what are these REITS really worth? See Bruce Kelly’s InvestmentNews article entitled “Re-pricing nontraded REITs: A thorny issue for broker-dealers.” As noted in the article, nontraded REITS are on FINRA’s radar screen.