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Agents infiltrated a so-called ""boiler room"" where illegal forex contracts were being traded.
A broker using boiler-room tactics gives customers only positive information about the stock and discourages them from doing any outside research. Boiler-room salespeople typically use catchphrases like "it's a sure thing" or "opportunities like this happen once in a lifetime".
Boiler-room methods, if not illegal, clearly violate the National Association of Securities Dealers' (NASD) rules of fair practice. The North American Securities Administrators Association estimates that investors lose $10 billion a year - roughly $1 million an hour - to investment fraud promoted over the telephone.
1. 1) котельная, котельное отделение, кочегарка
2) бойлерная
2. амер. сл. контора по продаже незарегистрированных ценных бумаг по телефону
Англо-русский строительный словарь. — М.: Русский Язык.С.Н.Корчемкина, С.К.Кашкина, С.В.Курбатова.1995.