Soft Dollars

The biggest risk for firms when it comes to soft dollars is failing to disclose they engage in these arrangements when they do. Compliance staff ...

Click here to open a Word file that is an example of a compliance training tool used by one of your peers. This one covers ...

Click here to open an Excel worksheet designed to track the top 10 brokers selected for best execution purposes, including listing soft dollar percentages and ...

Click here to see a Word document prepared by Steve Stone, a partner at Morgan Lewis in Washington, on soft dollars guidance for RIAs.

FINRA has come down hard on a broker for more than $1 million in improper soft dollar payments, including $13,700 for a hedge fund manager ...

The notion of "mixed use" under soft dollars dates to 1986, although some firms remain confused about what fits within the safe harbor. Ironically, some ...

Examples of Form ADV Part II disclosures regarding soft dollars, courtesy of Fifth Third Asset Management in Cincinnati.

Here's the scenario. Your firm serves as a sub-adviser on a wrap program's large cap portfolio. The sponsor of the wrap program forbids the use ...

Be cautious about accumulating too large a pool of soft dollar credits. You could see them vanish in a flash, or be accused of not ...