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FBRC > SEC Filings for FBRC > Form 8-K on 19-Jun-2014All Recent SEC Filings

Show all filings for FBR & CO.

Form 8-K for FBR & CO.


19-Jun-2014

Regulation FD Disclosure


Item 7.01 Regulation FD Disclosure.

As previously disclosed, FBR & Co. (the "Company") has entered into a Transaction Agreement with Lazard Capital Markets LLC ("LCM") pursuant to which the Company's broker dealer subsidiary FBR Capital Markets & Co. has agreed to purchase LCM's securities lending business, subject to regulatory approval from the Financial Industry Regulatory Authority ("FINRA") and other customary closing conditions.

On June 18, 2014, FBR Capital Markets & Co. received notice of the requisite regulatory approval from FINRA. The Company currently expects the transaction to close in the first part of the third quarter of 2014.


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