This name is a synonym of Bactris setulosa H.Karst..
The record derives from WCSP
(data supplied on 2012-03-23)
which reports it as a synonym (record 19083) with original publication details: Repert. Spec. Nov. Regni Veg. 16: 437 1920.
Full publication details for this name can be found in IPNI: http://ipni.org/urn:lsid:ipni.org:names:28584-2.
This name was in version 1 of The Plant List, record kew-19083, and has not been changed.