solivagantjn2157 solivagantjn2157
  • 03-12-2017
  • Business
contestada

White-collar crime in which a stockbroker makes repeated trades with a client's account in order to fraudulently increase his or her commissions is known as

Respuesta :

Kalahira
Kalahira Kalahira
  • 15-12-2017
This illegal process is known as churning. By making trades over and over again, the stockbroker is receiving more commissions from all the trades, hurting the client. Churning can be thought of as continually turning over the contents of a portfolio.
Answer Link

Otras preguntas

Dans la tasse il y a ----café​
3. What kept many inner city African Americans poor?
Help Me!I dont understand it!
Is 2(x-y) and 2x-2y equivalent
Last month, Brenna and Richard sold candy to raise money for their debate team. Richard sold 1/2 as much candy as Brenna did. If Brenna sold 1/5 of a box of can
if the price of steel increases... what will happen in the market for cars
Magnesium metal reacts with gaseous oxygen in a combination reaction. Write a balanced equation to describe this reaction. Include states of matter in your answ
Susan wants to rent a car for 4 days, and she's interested in the loss damage waiver but not the collision damage waiver. If the daily rate is $39 and the ldw i
Juarez Builders incurred $285,000 of labor costs for construction jobs completed during the month of August, of which $212,000 was direct and $73,000 was indire
Which of the following best describes federalism? The ability of state and local governments to override the federal government The existence of a federal gover