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Churning: Excessive trading in retail securities accounts

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  • Brown, Stewart L.

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  • Brown, Stewart L., 1996. "Churning: Excessive trading in retail securities accounts," Financial Services Review, Elsevier, vol. 5(1), pages 43-56.
    • Handle: RePEc:eee:finser:v:5:y:1996:i:1:p:43-56
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    References listed on IDEAS

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    1. Michael C. Jensen, 1968. "The Performance Of Mutual Funds In The Period 1945–1964," Journal of Finance, American Finance Association, vol. 23(2), pages 389-416, May.
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    Cited by:

    1. Werner Güth & Gerlinde Fellner & Ev Martin, 2006. "Task Transcending Satisficing - An Experimental Study," Papers on Strategic Interaction 2006-09, Max Planck Institute of Economics, Strategic Interaction Group.
    2. Pratt, William R. & Kamal, Syed & Ma, Aixin, 2023. "A new look on the probability of retail investor margin use and margin call," Finance Research Letters, Elsevier, vol. 54(C).

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