churn

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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 ?
Two food samples were prepared with ghee from traditional (505) and machine churner (606) prepared butter.
CDA helped in identifying the variables that best describe each of two classes/clusters: churners and non-churners.
Tables 1: Unit (20 liters/day) economic analysis, based on seven day-period (week) of butter/ghee-making with the proposed mechanical churner Income Income Total No.
Tingle Helen Mirren Leigh Ann Watson Katie Holmes Coach Wenchell Jeffrey Tambor Luke Churner Barry Watson Jo Lynn Jordan Marisa Coughlan Trudie Tucker Liz Stauber Principal Potter Michael McKean Miss Banks Molly Ringwald Miss Gold Vivica A.
They loved all the old artefacts, such as the butter churner and the cooking implements and found it much more real.
The artist underscored this tenet of her practice in titling her 2012 show at New York's Churner and Churner "Da Capo," literally "from the head" but more aptly "from the beginning.
4 HIGH-DEFINITION VIDEO GUIDE (Electronic Arts Intermix) Written by Leah Churner, this no-nonsense technical primer should be required reading for anyone in the art world who plans to exhibit video.
Tingle" stars Katie Holmes ("Dawson's Creek") as erstwhile valedictorian Leigh Ann Watson, Barry Watson ("Seventh Heaven") as rebellious heart-throb Luke Churner, and Marisa Coughlan (from Williamson's new fall TV series, "Wasteland") as aspiring actress Jo Lynn Jordan.
unique churners and measuring and weighing tools are really fascinating," Khanna said.
The process is laborious, and it takes a while to train new butter churners.
There are certainly arbitrageurs and churners for whom a quick profit is more important than the long-range health of a corporation, but Fink says most of BlackRock's clients "are saving for retirement and other long-term goals.
The father-son duo has previously provided big box office churners like "Kaho Naa.