An enforcement action has been taken by the Federal Reserve Board. This action involves a former staff member. Details about the individual and the reason for the action are not specified here.

Further information can be obtained from the Federal Reserve Board. The action is related to Banco Popular de Puerto Rico, where the individual was previously employed.

The Federal Reserve Board has made this action public, but specifics are not provided in this summary. For a full understanding, readers should consult the original release from the Federal Reserve Board.