In keeping with its role of overseeing agencies and tour operators in Puerto Rico, the Tourism Company issued Thursday a “cease and desist” order against Mayagüez company JD Reservation Services for operating as an unlicensed travel agency.
Saying that consumers can protect themselves the best when it comes to warding off identity theft and banking fraud, the Puerto Rico Bankers Association launched Tuesday a permanent educational initiative to teach people how to protect themselves against attacks to their personal finances.
The Securities and Exchange Commission on Tuesday charged UBS Financial Services Inc. of Puerto Rico and two executives with making misleading statements to investors, concealing a liquidity crisis, and masking its control of the secondary market for 23 proprietary closed-end mutual funds.