The financial planner's unreasonably excessive buying or selling of securities to generate commission is known as:

Question

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Churning is a practice by financial advisors where they excessively buy and sell securities in a client's account to generate commission without regard for the client's investment goals. This is a violation of the Financial Industry Regulatory Authority (FINRA) rules and is considered unethical. Negligence refers to a financial advisor's failure to perform their duties with reasonable care. Misrepresentation involves providing false or misleading information to clients, while fraud involves intentionally deceiving clients for financial gain.

The Financial Planner's Unreasonably Excessive Buying or Selling of Securities