Dear John Chapman,

Dear John Chapman,

My broker took an unusually high commission on a transaction.

Can I sue?

-Curious Carl

Dear Curious,

Yes. A broker can charge high commissions in many ways, including high transaction fees, high annual advisory fees and churning. Churning happens when a broker makes trades in order to make money for himself rather than for the investor. Give us a call and we will be able to further investigate.

Sincerely,
John Chapman

John S. Chapman

If you have a question for John Chapman, please email it to
dearjohn@johnschapman.com

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