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Re: bellator_exec post# 69764

Wednesday, 09/10/2014 6:16:27 PM

Wednesday, September 10, 2014 6:16:27 PM

Post# of 80868
This was my concern:

Churn
To make both buy and sell orders through different brokers, usually in large quantities, to create the impression of increased interest in a security and thereby raise its price. An investor churns if he/she has a long position on the security and wishes to sell it at an artificially high price. Churning is a form of manipulation, and is illegal under the Securities Exchange Act of 1934.

Most likely your trades were legal though as you haven't been warned by your broker for whatever you did.