Buying and selling the same security through accounts one controls, to create the appearance of trading activity, is:
Buying and selling the same security through accounts one controls, to create the appearance of trading activity, is:
Answer
A wash trade
Options - A. A wash trade - B. Front-running - C. Churning - D. A bought deal Why - A. Correct — a form of market manipulation: the volume is false, and the false appearance is the offence. - B. Front-running is trading ahead of a CLIENT’s order with knowledge of it. - C. Churning is excessive trading of a client’s account for commissions — a suitability breach, not manipulation. - D. A bought deal is a lawful underwriting in which the dealer buys the whole new issue (Lesson 3.2).
CIPF coverage (cipf.ca); CDIC deposit insurance (cdic.ca); Assuris (assuris.ca); OSC CIRO page (regulation-services provider for marketplaces) — observed 2026-09-17. Market-wide circuit-breaker rules could not be read (ciro.ca) and no trigger is asserted.