Multiple Choice
_____________ is when a broker constantly buys and sells securities from a client's portfolio in an effort to generate commissions. Rather than making decisions that are in the client's best interest, frequent commission-generating trades may be made by brokers with selfish motives.
A) Blending
B) Flipping
C) Swapping
D) Churning
Correct Answer:
Verified
Correct Answer:
Verified
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