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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 allegations: claimants allege that the recommendation to invest in and hold puerto rico closed-end funds and municipal bonds was unsuitable, and that their accounts were over-concentrated in puerto rico investments. They further allege that the risks of investing in and concentration in puerto rico investments were misrepresented.

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