Solicited Vs. Unsolicited Business
Here's the difference between solicited and unsolicited: A solicited deal happens when a broker makes an investment suggestion. An unsolicited deal happens when a customer gets some wild-eyed idea and does it (buys the stock or bond or whatever) on her own.
Butch notes that BUBB was an unsolicited purchase anyway. Tiger's former broker never recommended it (and was sure to mark it that way on the trade sheets). Butch would have...
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