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FINRA Broker Allegations

Allegations against: Angel Manuel Canabal

Allegation type: Customer Dispute

Allegation status: Settled

The allegations read: Time frame: 2008-present allegations: claimant alleges the recommendation to invest in and hold puerto rico closed-end funds was unsuitable, and the account was over concentrated in puerto rico investments. Claimant also alleges that the risk of investing in and concentration in puerto rico investments was misrepresented.

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