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
Can someone help me i need to write something for cyber bullying
snow_tiger [21]

cyber bullying is when there is a minor on both ends and when a person has the time to go online to pick on you


3 0
3 years ago
Read 2 more answers
Paragraph: Read the following two e-mail messages. In three to five sentences, explain why E-mail B is the more appropriate work
exis [7]
E-mail B is the more appropriate workplace e-mail because it’s straightforward, polite, and professional. E-mail A was more accusatory and aggressive, and many people don’t like when they’re being yelled at or accused of something and, as a result, this person may start to dislike that coworker. However, the second e-mail was more polite and made the receiver think of them as a respectful person so that they’re happy to help them out.
4 0
3 years ago
What are the disadvantages of having too many featuresin a language?
AlekseyPX

Answer:

Disadvantage of having too many features in a language is that:

  • There are many functions with same name but perform different function or task so it will create an issue or problem.
  • Features do not duplicate one another as, there are different possible syntax for the same meaning.
  • In a mathematical function, sometimes user function and mathematical variable name collide with language base features so it will create problem.
4 0
3 years ago
Qué es una magnitud eléctrica
IRISSAK [1]
I only speak English
5 0
3 years ago
What skills, interests,
tatiyna

Answer:

If you don't know your skills to get this profession then you shouldn't be in this profession try another profession that is more your type that doesn't require this types of skills, don't ask random people about your hobbies thanks!

<u><em>Warning:</em></u>

If this persists this account may be moderated.

4 0
3 years ago
Other questions:
  • You use different office apps to accomplish specific tasks, such a creating a newsletter or producing a sales presentation, yet
    8·1 answer
  • (Analyze scores) Write a program that reads an unspecified number of scores and determines how many scores are above or equal to
    10·1 answer
  • 1. Write a query to list the names all products (by product code and name) and the average ordered quantity for each product wit
    9·1 answer
  • Your computer has a single hard disk w/ a single volume used by the C:\ drive. You have previously upgraded the disk to a dynami
    6·1 answer
  • 2) Search the Web for two or more sites that discuss the ongoing responsibilities of the security manager. What other components
    15·1 answer
  • Java supports ________; collections of related methods that typically enable you to tell objects what to do, but not how to do i
    12·1 answer
  • Meaning of ‘integrity of data’
    14·2 answers
  • What are some things all boomers say.
    12·2 answers
  • Face book suggests Friends for users based on their
    13·1 answer
  • 2. Which pattern microphone should Jennifer take to the press conference? Jennifer is a journalist with one of the leading newsp
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!