ACAMS
CAMS · Question #324
What is the term for trading through multiple accounts, where an individual generates offsetting profits and losses and transfers of positions through accounts that do not appear to be commonly…
The correct answer is D. Wash Trading. Wash trading' through multiple accounts generates offsetting profits and losses and transfers of positions between accounts that do not appear to be commonly controlled.
Risks and Methods of Money Laundering and Terrorist Financing
Question
What is the term for trading through multiple accounts, where an individual generates offsetting profits and losses and transfers of positions through accounts that do not appear to be commonly controlled?
Options
- APonzi scheme
- BMarket Manipulation
- CNet Trading
- DWash Trading
How the community answered
(36 responses)- A17% (6)
- B6% (2)
- C6% (2)
- D72% (26)
Explanation
Wash trading' through multiple accounts generates offsetting profits and losses and transfers of positions between accounts that do not appear to be commonly controlled.
Topics
#wash trading#securities fraud#offsetting transactions#market manipulation
Community Discussion
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