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Excessively Trading a Customers Account to Increase a Stockbrokers Commission

Question 9

Multiple Choice

Excessively trading a customers account to increase a stockbrokers commission income is


A) an acceptable method of timing the market to increase rates of return.
B) called churning which is acceptable by the securities industry.
C) called churning which is unethical.
D) permitted provided that the customer does not object.

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