Churning
by astanhaus
When a very greedy money manager buys and sells to only make commissions for himself—not for the client’s benefit.
(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)
When a very greedy money manager buys and sells to only make commissions for himself—not for the client’s benefit.
(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)
