daisy chaining
Definition
The illegal practice by brokers of creating artificial transactions to give the appearance of activity and interest in a particular security.
Use daisy chaining in a sentence
“ You may want to make sure that you are never accused of any daisy chaining that may ruin your reputation. ”
“ You should never do any daisy chaining or your reputation will forever be tarnished and you may go to jail. ”
“ The investigation lasted for years, but finally the firm was caught daisy chaining, and the fallout as a result rattled the market for several days. ”
