"Frank is indulging in a forbidden practice known as churning*." Sounds exciting, doesn't it?
Don't be fooled. It's an insurance term. Also forbidden: twisting, holding out, and rebating.
I'm finishing up my continuing education courses for my insurance license renewal. I get this joy once a year, where I find some course completely unrelated to what I actually do, and take an open book exam in order to keep my license active. My employer kindly pays all associated fees, so I can't complain too much. This year I chose a course on Senior Market Sales Ethics. I thought it would be about senior marketing. Imagine my surprise when I found myself reading about marketing to seniors. As in, senior citizens. Sigh, I picked another loser. As an aside, I now feel fully equipped to work ethically with an impaired senior.
*Churning is the practice of excessive trading in a client's securities account for the purpose of generating commissions for the representative.