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johnboycs johnboycs
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2 years ago
Excessively trading a customers account to increase a stockbrokers commission income is

▸ an acceptable method of timing the market to increase rates of return.

▸ called churning which is an illegal practice.

▸ probably unethical but yet is acceptable by the securities industry.

▸ permitted provided that the customer does not object.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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cherylelcherylel
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2 years ago
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johnboycs Author
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2 years ago
Thanks for your help!!
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Yesterday
Smart ... Thanks!
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2 hours ago
Brilliant
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