A type of sales practice whereby the sales person misrepresents or misleads an investor with regard to the features of a particular product or service. In the financial services industry this could include the sales person not disclosing certain facts about an investment, even though this information could help the investor to make a more informed judgment regarding whether or not to purchase the investment.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
misrepresentation missing the market