Santander Securities, LLC, was censured, fined $2,000.000.00, and ordered to pay restitution of roughly $4,300,000.00 after consenting to Financial Industry Regulatory Authority (FINRA) findings that the firm had failed to have a reasonably designed supervisory system and set of procedures pertaining to sales of Puerto Rico Municipal Bonds to customers in Puerto Rico, and had […]
Read More »
Tag Archives: Puerto Rican Bonds
Santander Securities Fined For Supervisory Failures
October 19, 2015 | Posted by : Guiliano Law Group | Bond Fraud, Failure To Supervise, Investment and Regulatory News, Securities Arbitration Claims | 0 Comments