what is churning

Scam of the day – October 23, 2016 – SEC bars financial adviser for churning

by admin | Oct 23, 2016 | Scam of the day, Site Related

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

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