Churning is

Simultaneously entering non bona fide buy or sell orders

When two brokerage firms make volume appear higher than it really is by trading with each other

When a customer is allowed to make trades without paying for them

When a customer's account is traded excessively to generate commission

Churning is a violation and is when trades are made for the purpose of generating commission

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Part of the questions for each course

Exam questions in each course