The Financial Industry Regulatory Authority (FINRA) announced Wednesday it has fined Merrill Lynch, Pierce, Fenner & Smith Inc. $6.25 million and the firm will pay some $780,000 in restitution to 22 Puerto Rico customers who who were "highly concentrated and highly leveraged in Commonwealth securities."
Grupo Guayacán, Inc. (GGI) announced Wednesday the official launch of the new Puerto Rico IDEA Seed Fund, in collaboration with Fundación Banco Popular, the Georgia Institute of Technology, and several entrepreneurs participating as private investors.
True to season of giving, and as part of the brand’s #InAHyattWorld campaign, the Hyatt Place San Juan City Center announced that the recipient of the 2016 Hyatt Community Grant, worth $15,000, is the Boys & Girls Clubs of Puerto Rico Inc.
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