Managing Your Soft Dollar Compliance Efforts

  • Available On Demand
  • Duration: 1 hour



For several years the securities industry has struggled with the complexity and use of soft dollars. Originally intended to allow investment firms to purchase third-party research and research tools, soft dollar spending has grown. With soft dollar and trading costs bundled together, many investors are wary about the lack of visibility relating to soft dollars and are asking for more transparency. In addition, the SEC has become increasingly concerned with the expanding definition of soft dollar activities, resulting in new guidelines issued in January 2007 on acceptable soft dollar spending.

Even with guidance from the SEC, issues such as mutual fund / broker-dealer relationships and safe harbor rules continue to attract attention and soft dollar spending remains under close scrutiny.

CCH Wall Street, a part of Wolters Kluwer Financial Services, is offering a free one-hour web seminar to clarify the confusion surrounding soft dollar activities and help brokers to answer some of the tough questions surrounding soft dollar practices. During the presentation, you will gain insight into:
    - Definitions and permitted soft dollar services
    - Best practices for creating proper controls that help to ensure compliance
    - Industry trends and regulatory viewpoints
    - The critical elements necessary for developing a soft dollar policy
    - Recommendations for managing and tracking costs of services provided for soft dollar prices

Register now, and join us for this informative presentation.

Featured Speakers:
    - John Meserve, Director, BNY ConvergEx Group
    - E. David Hwa, Of Counsel, Bingham McCutchen
    - Jim Hamilton, Principal Analyst, Wolters Kluwer Law & Business

Moderator:
    - Jeffrey Kutler, Editor-in-Chief, Securities Industry News


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