Having comprehensive control over your papers at any time is important to relieve your daily duties and improve your productivity. Achieve any objective with DocHub features for papers management and convenient PDF file editing. Access, change and save and incorporate your workflows with other safe cloud storage services.
DocHub offers you lossless editing, the opportunity to use any format, and securely eSign papers without searching for a third-party eSignature option. Maximum benefit of the file managing solutions in one place. Check out all DocHub capabilities right now with your free profile.
hi this is Joe prepping today today were going to go over the difference between commingling and conversion two concepts that are similar but really are very different to put it simply commingling is when the fiduciary which is often the broker mixes their money with the clients conversion is the act of using the clients money for your own personal use you may be able to call it theft let me put this in real life terms bill is a broker as a broker bill has a trust account there are times where a bill has to collect money from clients and the money will get deposited into the trust account the money that bill collects does not belong to the brokerage it belongs to the clients in this scenario if the client is Sam without Sams knowledge bill uses the money in the trust account to buy personal items bill always replaces the money that should be in the trust account with his own money he feels that his conduct is legal unethical but using trust funds the way Bill is using them is conver