Selling Away


DEFINITION of 'Selling Away'

When a broker solicits you to purchase securities not held or offered by the brokerage firm. As a general rule, such activities are a violation of securities regulations.

BREAKING DOWN 'Selling Away'

Typically, when a broker is "selling away," the investments are in the form of private placements or other non-public investments.

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    A broker that provides a large variety of services to its clients, ...
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