A client with a moderate risk tolerance and long-term growth objective complains that his agent made 30 trades in the last month, resulting in high commissions but no improvement in account performance. The agent claims the trades were all suitable. Under the USA, which element BEST distinguishes churning from unsuitable recommendations in this scenario?

1. AThe number of trades executed relative to the client's objectives✓ Correct answer
2. BThe overall profitability of the trades
3. CWhether the agent received client authorization
4. DThe type of securities recommended

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