Registered Representative

Churning
Churning refers to the practice of excessive trading in a stock investment account primarily to generate excessive brokerage commissions, regardless of the client’s investment objectives.
Registered Representative (RR)
A registered representative (RR) is an employee of a broker/dealer member of a stock exchange who acts as an account executive for clients.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.