1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Varvara68 [4.7K]
3 years ago
15

The purchase and subsequent sale of a securities position in a customer account solely to generate commissions is____________.

Computers and Technology
1 answer:
Citrus2011 [14]3 years ago
5 0

Answer:

Churning

Explanation:

Churning is termed as an act of a broker conducting immoderate trading in the account of client solely to generate commissions. It is an illegal and deceptive practice. It violates security laws. The purchase and subsequent sale of a securities that are little or insignificant to meet the investment goals of client can be the evidence of churning. Consequently it causes considerable losses in client's account or can produce a tax liability.

Churning occurs due to over trading by a broker to generate commissions by buying and selling stocks excessively on the behalf of investor. This often happens when broker has permissive authority over client's account.

You might be interested in
Whats 9+9+9+9x999-86 divided by 874 times 8764
Alexxandr [17]

Answer:

8155.63844394

Explanation:

6 0
3 years ago
Read 2 more answers
How do you use loops in code?
Keith_Richards [23]

Answer:

A loop in a computer program is an instruction that repeats until a specified condition is reached. In a loop structure, the loop asks a question. If the answer requires action, it is executed. ... A computer programmer who needs to use the same lines of code many times in a program can use a loop to save time

Explanation:

4 0
3 years ago
which of these describes a property of all elements A. all elements have six electrons B. all elements are pure substances C. al
sergiy2304 [10]
Im guessing the answer would either B or C
3 0
3 years ago
4. Write a program to calculate square root and<br>cube root of an entered number .​
nataly862011 [7]

Answer:

DECLARE SUB SQUARE (N)

CLS

INPUT “ENTER ANY NUMBER”; N

CALL SQUARE(N)

END

SUB SQUARE (N)

S = N ^ 2

PRINT “SQUARE OF NUMBER “; S

END SUB

3 0
3 years ago
What are pages of a presentation called?
svetlana [45]
Pretty sure they’re called slides
4 0
3 years ago
Read 2 more answers
Other questions:
  • In one sentences describe how to change your home page
    10·1 answer
  • Maia notices that her paragraphs are too close to one another. She wants to increase the space. Which arrangement of steps does
    6·2 answers
  • #Write a function called "replace_all" that accepts three #arguments: # # - target_string, a string in which to search. # - find
    11·1 answer
  • Write a program that inputs numbers and keeps a
    8·1 answer
  • How many different textile items would you find at a festival? (please list 5 items)
    7·1 answer
  • An MP3 player is an example of which of the following types of computer
    5·1 answer
  • Simple Java programming
    15·2 answers
  • What ribbon command on the home tab can you use to change a cell fill color automatically
    13·2 answers
  • Your company has a team of remote workers that need to use Windows-based software to develop company applications, but your team
    5·1 answer
  • What Is The First Computer Brought In Nepal ? <br>​
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!