HOMAR NICK MAURAS MAURAS is currently employed as a Broker and/or Investment Adviser at CITI INTERNATIONAL FINANCIAL SERVICES LLC located at PARQUE LAS AMERICAS 1, 235 FEDERICO COSTA STREET - SUITE 101, SAN JUAN, PR, 00918.
HOMAR NICK MAURAS MAURAS has worked at CITI INTERNATIONAL FINANCIAL SERVICES LLC since January 16, 1998
Disclosure History
HOMAR NICK MAURAS MAURAS has 1 Disclosure Event(s).
Date: January 15, 2014 Category: Customer Dispute Allegations: ON 1/15/2014 CLIENT SUBMITTED A REBUTTAL TO CIFS' DENIAL OF HER CLAIM BY ALLUDING THAT CIFS SHOULD HAVE HAD BETTER OVERSIGHT OVER THEIR FORMER FA, [THIRD PARTY]. WHILE THE CLIENTS LETTER WAS ADDRESSED TO MR. HOMAR MAURAS, AS HE SIGNED THE CIFS RESPONSE AND THEREBY MAKING HIM THE FOCUS OF HER LACK OF OVERSIGHT STATEMENT, IN A SUBSEQUENT CONVERSATION WITH A CIFS MANAGER THE CLIENT REITERATED HER OVERALL FRUSTRATION WITH THE DENIAL AND GENERAL OVERSIGHT OF [THIRD PARTY].OUR INVESTIGATION, HOWEVER, SHOWS THAT THIS NEW ALLEGATION IS UNFOUNDED. Damage Amount Requested: $25,055.00 Broker Comment: AFTER THE CUSTOMER COMPLAINT WAS RECEIVED THE FIRM IMMEDIATELY ASSIGNED THE NECESSARY RESOURCES TO INVESTIGATE THIS MATTER THOROUGHLY. THE INVESTIGATION WAS PERFORMED USING AS A BASE, FINRA RULES 2111 (SUITABILITY) AND 2090 (KNOW YOUR CUSTOMER) AS WELL AS INTERNAL POLICIES AND PROCEDURES THAT THE FIRM INCORPORATED TO ASSURE COMPLIANCE WITH THESE RULES. AFTER THE REVIEW OF THE CUSTOMER INVESTMENT PROFILE, INCLUDING BUT NOT LIMITED TO, CUSTOMER OBJECTIVES, RISK TOLERANCE AND FINANCIAL SITUATION, THE FIRM MAINTAINS ITS ORIGINAL POSITION THAT THE TRANSACTIONS IN THE CUSTOMER ACCOUNT WERE SUITABLE AND IN LINE WITH THE COMPANY POLICIES AND PROCEDURES. THE FIRM ALSO EVALUATED THE INDIVIDUAL OVERSIGHT OF THE ACCOUNT AS WELL AS THE FIRM OVERSIGHT OF THE ACCOUNT AND CONCLUDED THAT THEY WERE ADEQUATE AND IN LINE WITH THE FIRM'S INTERNAL CONTROLS ESTABLISHED. THE CUSTOMER WAS NOTIFIED IN WRITING OF THE RESULT OF THE FIRM'S INVESTIGATION SUSTAINING THE FIRM'S ORIGINAL DECISION.
More Information
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.
BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.
To view the full report for HOMAR NICK MAURAS MAURAS, click here.
The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.
×
Outdated Information
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
×
BrokerSearch Removal
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.