MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, December 6, 2004 Soft Dollars on the Front Burner Chances are the SEC will take action on the soft dollar issue sometime in 2005, according to a Monday article in the Wall Street Journal. Soft dollar arrangements are a "front-burner issue," Paul Roye, director of the SEC's Division of Investment Management, commented at a conference on Friday. Look for a narrower definition of what can be considered research. Roye said regulators were looking at a NASD soft dollar report "closely"; that report recommends that research include only "intellectual property." Roye, who is rumored to be leaving the SEC, told the WSJ that news was "premature." Printed from: MFWire.com/story.asp?s=8563 Copyright 2004, InvestmentWires, Inc. All Rights Reserved |