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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 their fa recommended an unsuitable concentration in the puerto rico municipal bonds and puerto rico closed-end bond funds and misrepresented the investments as low-risk. Claimants also allege that the risks associated with the investments and over-concentration were not disclosed and that the recommendation to hold was unsuitable.

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