Tag Archives: Santander Securities

Santander Securities Barred By FINRA For Obstruction

November 20, 2017  |   Posted by :   |   Variable Annuites   |   0 Comments

Demitrios Hallas, of New York, New York, a stockbroker formerly registered with Santander Securities, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity according to an Office of Hearing Officers Default Decision containing findings that he failed to cooperate with a FINRA investigation into allegations of his misconduct […]

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Santander Securities Fined For Supervisory Failures

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 […]

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