The January 24th deadline for meeting the SEC’s final soft dollars interpretive guidance is right around the corner. To stay on the right side of the safe harbor you may need to create new compliance policies and procedures. Drafting and reviewing new soft dollar agreements, evaluating third-party research, and creating new commission-sharing arrangements all may come into play.

And it doesn’t end there. By year’s end the SEC’s Division of Investment Management is expected to issue new disclosure rules for firms, which will be aimed at helping you understand what you need to tell clients.

This 90-minute CD will cover what you need to do today to meet the SEC’s high standards for soft dollars compliance. Our expert panel offers expertise from the SEC, best practices to prepare for examinations and real-life experience with soft dollar arrangements.  You may even find you can increase the number of services you can soft dollar – thereby saving your firm money and guaranteeing compliance.

You will learn:

• How you can achieve best execution while adhering to the final guidance

• Where the Commission may look in its examinations, and best practices to prepare your staff for soft-dollars related questions

• The best way to set up and monitor commission-sharing arrangements that won’t violate the final guidance

• The SEC’s next step: disclosure rules and how they will affect investment advisers, mutual funds and broker-dealers

• What every soft dollar agreement should state, and the crucial areas in those agreements that every investment adviser should review

• How other regulators – such as the Department of Labor and Britain’s Financial Services Authority – have weighed in on the soft dollars guidance

• The prospects for an unbundling requirement or best practice down the road

• and much more.

---

www.IAWeek.com | 800-260-1545