churn

(redirected from churned)
Also found in: Dictionary, Thesaurus, Legal, Idioms, Encyclopedia.
Related to churned: churned out

Churn

To make both buy and sell orders through different brokers, usually in large quantities, to create the impression of increased interest in a security and thereby raise its price. An investor churns if he/she has a long position on the security and wishes to sell it at an artificially high price. Churning is a form of manipulation, and is illegal under the Securities Exchange Act of 1934. See also: Fix.

churn

To trade securities very actively in a brokerage account in order to increase brokerage commissions rather than customer profits. Brokers may be tempted to churn accounts because their income is directly related to the volume of trading undertaken by customers. Churning is illegal and unethical; suspected churning should be reported to the brokerage firm's office manager. Also called burn and churn, overtrade.
References in periodicals archive ?
We are so thrilled that Dreyer's/Edy's Slow Churned will be supporting us this year.
Spreading Smiles, from Coast to Coast To kick off the celebration, the Slow Churned brand is teaming up with Brooke Burke to officially hand out the first scoop of ice cream and capture the first ice cream smile at The Grove, in Los Angeles.
Available in grocery stores throughout the country, a package of six Breyers Double Churned Light Ice Cream Bars has a suggested retail price of $3.
Meanwhile, rival Dreyer's Slow Churned Light Ice Cream line of super-premium products now numbers over 25 items, including Cookie 'N Cream, Chocolate Fudge Chunk and Caramel Delight.
Breaking the ice over scoops of Edy's Slow Churned is a fun way to build neighborhood ties.
The company has come um with new graphics for the Double Churned packaging, with black and red text and a double-churned icon in the lower left corner of a white carton intended to make it easy for fans to spot the new product in the freezer case.
Our new Ruggles(R) Churned line gives them the best of both worlds.
However, for its new slow churned Dreyer's/Edy's Grand Light ice creams, Dreyer's claims that in blind national taste tests nearly eight of 10 consumers concluded the new product was either a full-fat premium or superpremium ice cream.
Breyers Double Churned ice cream was first introduced in 2005 with Light and No Sugar Added packaged ice cream and novelties.
The new Breyers Double Churned Light bars come in four deliciously creamy flavors:
Dreyer's success -- which included sales of its Edy's Slow Churned Light Ice Cream brand east of the Rockies -- increased its market share from one-third to one-half of the highly fragmented light ice cream business and grew overall U.
The Department of Insurance began investigating the practice of churning last year, after a group of residents from the Tampa Bay area complained they had been churned by their life insurance agents.