asked 142k views
1 vote
The illegal mixing of client and broker funds is:

a. conversion.
b. cooperation.
c. cohabitation.
d. commingling.

1 Answer

4 votes

Final answer:

Commingling is the illegal mixing of client and broker funds.

Step-by-step explanation:

The correct answer is d. commingling.

Commingling refers to the illegal mixing of client and broker funds. It is when a broker combines their own funds with their clients' funds, which is a violation of financial regulations. This practice is considered unethical and can lead to serious legal and financial consequences.

answered
User Andreas Rehm
by
7.5k points
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