UBS Reportedly Still Advising Brokers to Keep Selling Risky Puerto Rico Funds

Ponzi scheme attorneys

UBS AG is still sticking to its guns and recommending that some clients buy risky Puerto Rico closed-end bond funds, in spite of the fact that hundreds of arbitration claims by investors who blame the securities for huge losses, according to an internal document earlier reported by Reuters. UBS, which has about 130 advisers in… Read more »