SEC REPORT HELPS CLARIFY SOFT DOLLAR DILEMMA: THE LINE IS DRAWN; `SOFT DOLLAR' VS. `DIRECTED BROKERAGE'.

Pensions & Investments,  June, 1999  by Potts, Kristi

Tags: advisor, Clarify, commission, SEC

• E-mail
• Print
• Link

By now, the institutional brokerage community, its adviser clients and plan sponsors have digested thoroughly the top-line findings of the SEC's Inspection Report on the Soft Dollar Practices of Broker-Dealers, Investment Advisers and Mutual Funds, released Sept. 22 by the SEC's Office of Compliance, Inspections and Examinations.

Plan sponsors do not, of course, fall directly within the Securities and Exchange Commission's jurisdiction. But they can take away from the report a helpful distinction between ``soft dollars'' and ``directed brokerage.'' Plan sponsors also are ...

Read the rest of this article with a Free Trial at HighBeam Research.