Review Topics
Practice Exams
We buffalo have an innate sense of direction, but you'll have to look up how to get to the testing center. There's no shame in Google Maps.

Churning in Action

Dashboard > Violations > Churning in Action

Churning in Action

The wheels in Myron's head were constantly spinning. If he were running a hedge fund and were able to charge the typical 2/20 fees, he'd have made a small fortune managing Bubbie's money during these first three months.

Check out the fee results based on the first three months of being "live" in Bubbie's account:

Fees charged in Bubbie's Wrap AccountFees charged in a hypothetical hedge fund accountCarry charged in a hypothetical hedge fund account with profits
$10M with 1% annual wrap fee $10M...

Looking for more? Why is this annoying box in the way? It's because you haven't paid for the course yet!

Next: Unauthorized Transactions  
  Prev: Churning

*Securities is a registered trademark of the College Board, which was not involved in the production of, and does not endorse this product.