Churning occurs when a broker engages in excessive trading in a client's security account to generate more commissions for the broker.

Name: Churning occurs when a broker engages in excessive trading in a client's security account to generate more commissions for the broker.
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Churning is a fraudulent practice where a broker excessively trades in a client's account to generate more commissions, and it is considered illegal.

Churning Occurs When a Broker Engages in Excessive Trading in a Client's