No Net Sales Policy financial definition of No Net Sales Policy
no-net-sales policy (redirected from No Net Sales Policy)
A practice in which a brokerage
discourages clients from selling
. A no-net-sales policy is designed to keep a security's price
higher than it otherwise would be. The policy is considered unethical
An unscrupulous brokerage practice of discouraging or preventing investors from selling shares of a stock in order to artificially prop up the market price of a stock.