churning account

Churning

by Steven Weisman, Esq. | Feb 6, 2012 | Investment Scams, Scam of the day

Churning is the name for the practice by unscrupulous stockbrokers who make excessive trades of stocks on behalf of their clients not to maximize the profit of their clients, but to maximize their own fees for making the trades since the stockbroker gets paid every...

Churning

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