Series 99: Churning

Taken from our Series 99 - FINRA Operations Professional Qualification Examination

Definition of the term Churning...

the unethical practice of excessive buying and selling in a customer’s securities account to increase the broker’s commissions.

Since you're reading about Series 99: Churning, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 99
Please Enable Javascript
to view this content!