Daisy chaining

The illegal practice by brokers of creating artificial transactions to give the appearance of Activity and Interest in a particular security.

Related Terms: 9 Action, Activity, Broker, ECU, Interest, Legal, Leg, SEC, Transaction

Other Related Pages: Category: Brokerages Starting With: D

Additional Related Terms: 10-K, Above par, Accrual of discount, Accrued interest, Agency security, Amortization of premium, Asset-backed security, At par, All or any part, At best