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Double Dipping |
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Double Dipping The practice of receiving two incomes from the same source. It especially, but not exclusively, refers to a broker placing commission-based securities into a fee-based account. This means that the broker receives both commissions and fees from transactions on that account. While this is not illegal in itself, double dipping must conform to the prudent person rule. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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