FINRA Sales Practice Violations

Brokerage Firm FINRA Violations

Klayman & Toskes, P.A. and the Carlo Law Offices are currently investigating possible violations of Financial Regulatory Industry Authority (FINRA) rules and regulations that may have resulted in Puerto Rico investor losses in non-traded, closed-end Puerto Rico Bond Funds and Puerto Rico Municipal Bonds. The investigation on behalf of law firm clients involves possible sales practice violations by UBS Financial Services of Puerto Rico, Santander Securities, Popular Securities, Oriental Financial and Merrill Lynch (“brokerage firms”) and its financial advisors which may give rise to a FINRA arbitration claim for damages. The alleged FINRA sales practice violations by brokerage firms and its financial advisors that are currently under investigation can be found below.

Why Pursue a FINRA Securities Arbitration Claim?

According to FINRA, unsuitable investment advice, securities concentration, failure to supervise the activities of financial advisors, and fraudulent misrepresentations and omissions of material facts that are the result of conflicts of interest are among the claims that are available to investors against brokerage firms and their financial advisors in a securities arbitration claim filed with FINRA.

Klayman & Toskes, P.A. and the Carlo Law Offices are dedicated to the rights of Puerto Rico investors. Our legal team can help you determine what steps can be taken to protect your investor rights. Puerto Rico investors who suffered losses as a result of FINRA sales practice violations committed by brokerage firms and its financial advisors may be able recover their losses in a FINRA arbitration claim.

Get in touch with us


Visit our Website for the Recovery of UBS Puerto Rico Bond Fund Losses

For more information on how to start a claim, or to find out if you have a meritorious cause of action, please contact our law firm, toll free, at (787) 268-6444, for a free consultation.

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Boca Raton, Florida 33431
Phone: (561) 997 – 9956

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New York, New York 10168
Phone: (212) 269 – 9956
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Phone: (949) 721-9956
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Phone: (787) 268-6444
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