New SEC Interpretation of Section 28(e) for Soft Dollars
ROGER D. BLANC
(Partner at Willkie Farr & Gallagher in New York, NY)
30
Abstract
This is an analysis of the December 2001 interpretive release concerning the soft‐dollar “safe harbor” under 28(e) of the Securities Exchange Act of 1934. The article examines the interpretation as it applies to asset managers in connection with the allocation of brokerage on a “soft dollar” basis.
Citation
BLANC, R.D. (2002), "New SEC Interpretation of Section 28(e) for Soft Dollars", Journal of Investment Compliance, Vol. 2 No. 3, pp. 55-57. https://doi.org/10.1108/eb045919
Publisher
:MCB UP Ltd
Copyright © 2002, MCB UP Limited