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Commingling

Dashboard > Violations > Commingling

Commingling

This isn't what you did at your eight-grade dance when the boys actually spoke with the girls.

Commingling is an odd-sounding name for the rather odd practice of combining client funds and/or assets with the agents' trading or bank accounts—often with the intent to deceive.

By commingling funds, the agent is breaching their fiduciary duty to the client and is in violation of securities law—it is considered highly unethical to mingle client funds with agent funds.

Actually, scratch that. It...

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