sell away

Selling Away

1. The act of a broker seeking to sell a client a security not offered by the brokerage. This is usually part of a private placement. Except in limited circumstances, selling away is illegal.

2. The act of a broker selling a client's security without the client's authorization.

sell away

Selling a client's stock without proper authorization.
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References in periodicals archive ?
Farmers cannot resist the lure of cash and in that they sell away the countryside.
Given these facts, WeissLaw is investigating the Board of Directors' decision to sell AWAY and whether AWAY shareholders will obtain their fair proportionate share of the Company's continued success and future growth prospects.
The Fifers have decided to sell away briefs directly to the Light Blue legions over fears they could Blue legions over fears they could be left out of pocket if the Ibrox club financially implodes again.
SPRINGFIELD -- Roy Sommer's plan may work at the DCU Center, but will be a hard sell away from home -- especially since his Sharks are 3-1-0 on the road and aren't going to get a lot of sympathy from their various host teams.
The overwhelming demand for that match has also seen Magpies fans sell away end tickets online - one fan contacted by the ECHO said he would not sell for anything below PS1,000 .
It is up to them (foreign nationals) to decide, whether to sell away, find someone who is a national of South Sudan to use it, or go with it.
Besides, foreign investors from the European Union, Japan and China are purchasing some of the insurance agencies divested by the banks, following the instruction from Central Bank of Nigeria (CBN) asking funding agencies to sell away non-banking activities.
A government by the people, for the people, a people's party, a people's government will sell away the country, we cannot tolerate this.
From Twitter Follow The Journal on Twitter @TheJournalNews Jonathon Rogers (@JonnyRogers9) As #nufc fan living in Wales I'm outraged at policy not to sell away tix to non ST holders/members.
Mustafa Al Louzi said that this initiative came in line with Amman Mayor Omar Al-Maani directions so that outdoor vendors could have an opportunity before Eid to orderly sell away from any mess affecting shop owners, traffic, street walkers, and exploiting sidewalks illegally.
Management want to attach new terms and conditions to any pay rise which will sell away our current terms and conditions of work.
In Britain we sense our Prime Minister is itching to sell away our currency in the first step towards a federal Europe.