ERC721

The Financial Industry Regulatory Authority fined Santander Securities of Puerto Rico $2 million for deficiencies in its structured product business, including unsuitable sales of reverse convertible securities to retail customers, inadequate supervision of sales of structured products, inadequate supervision of accounts funded with loans from its affiliated bank, and other violations related to the offering and sale of structured products. For more info visit https://www.finra.org/media-center/news-releases/2011/finra-fines-santander-securities-2-million-deficiencies-its-structured

Name

756

Owner

0xd0C877B474CD51959931a7f70D7a6c60F50cdAE7

ID#756

Rarity

MID:47%

Parent Company

Banco Santander

EX:MAX

Company

Santander Securities of Puerto Rico

EX:MAX

Violation

Financial Market Violations

X-HI:14%

Penalty

$2,000,000.00

EX:1%

Year

2011