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Burn and Churn |
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Burn and Churn To make more trades on a discretionary account in order to inflate commissions, rather than client profits. That is, burning and churning occurs when a broker makes unnecessary trades on an account for his/her own profit, rather than the client's. Burning and churning is illegal. It is also called simply churning. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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