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FINRA Broker Allegations

Allegations against: Alexis J Crespo Perez

Allegation type: Customer Dispute

Allegation status: Settled

The allegations read: Customer allege that account was concentrated in puerto rico government bonds ("prgbs") and puerto rico closed-end bond funds ("pr cefs). The customer allege they were misrepresented the risk of the investments and the account as low risk when in fact the portfolio was too aggressive and speculative for two retirees.

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