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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
This calls for a celebration Person Raising Both Hands in Celebration
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Smart ... Thanks!
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2 hours ago
You make an excellent tutor!
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