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Soft Dollars

An Excel file courtesy of Karen Huey of Professional Compliance Assistance in Woodstock, Ga. The worksheets within this Excel file are designed to help you ...
The SEC announced Nov. 4 that it will extend its no-action letter for firms trying to comply with the European Union’s Markets in Financial Instruments Directive ...
In May 2009, JS Oliver requested that the Soft-Dollar Broker reimburse JS Oliver $329,365 using soft dollar credits for a payment to Mausner’s ex-wife based ...
A peer shares the advisory firm's soft dollars checklist.
While the Knowledge Leaders Management Committee approved the CIO’s company as a soft dollar recipient and approved the payments made to the CIO’s company for ...
SEC Chairman Jay Clayton has delivered as promised, giving the industry assurances that soft dollar research practices that conflict with the EU’s coming MiFID II ...
    Investment Company Act of 1940 and Rule 17d-1 thereunder, and Section 206 of the Investment Advisers Act of 1940 Investment Company Institute October ...
    Investment Advisers Act of 1940 – Section 202(a)(11) Securities Industry and Financial Markets Association October 26, 2017 RESPONSE OF THE CHIEF COUNSEL'S OFFICE ...
January can seem a long way away in July but the start of MiFID II early next year will require certain firms to take actions ...
Soft dollars enforcement actions brought by the SEC occur a bit more frequently than a Big Foot sighting. But when they do, they can leave ...
Click here to open a Word file of a sample soft dollars policy and procedures shared by a peer.
If you question how closely your clients read your Form ADV, imagine the reaction you might receive if it disclosed that $329,000 in soft dollars ...
The wrinkles in the Department of Labor’s new fiduciary duty rule are starting to show (IA Watch, April 14, 2016). Take soft dollars.   Even ...
There’s no debate. Firms can’t use their soft dollars to cover a trade error (IA Watch, Nov. 7, 2011). End all doubt by checking out ...
Faking research expenses, portfolio pumping and marking the close are all featured in an SEC enforcement action announced this month against a Minneapolis-based hedge fund ...
SEC Charges Minneapolis-Based Hedge Fund Manager with Bilking Investors and Portfolio Pumping
An investment adviser and two principals paid dearly last week for misusing soft dollars, including using soft dollars for a $214,000 divorce payment.The tale of ...
Describing the concept of soft dollars can be a challenge. Poor disclosures about soft dollars usage can lead to an enforcement action (IA Watch, Oct. ...
There may be a slight trend of moving away from the use of soft dollars, but no one envisions the practice disappearing like the horse ...
The latest case of the SEC targeting an advisory firm CCO for malfeasance centers not on the firm's lack of fiduciary duty to all of ...
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