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Excessively Trading a Customers Account to Increase a Stockbrokers Commission

Question 122

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 an illegal practice.
C) probably unethical but yet is acceptable by the securities industry.
D) permitted provided that the customer does not object.

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