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FINRA Broker Allegations

Allegations against: Nelson Rodriguez Fernandez

Allegation type: Customer Dispute

Allegation status: Settled

The allegations read: Time frame: unspecified claimants allege that the recommendations to invest in and hold puerto rico closed end funds and puerto rico government bonds were unsuitable and that their accounts were over-concentrated in these investments. They also allege that the risks of geographic concentration, leverage and liquidity were misrepresented.

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