Concept information
Preferred term
stock churning
Definition
- Stock churning is a type of securities fraud. It occurs when a broker manipulates a client's account by initiating excessive transactions chiefly for his own personal gain. [Source: Encyclopedia of White-Collar and Corporate Crime; Stock Churning]
Broader concept
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-LTJV56BZ-F
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