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Rating:SEC May Act Soon on Soft Dollars Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, July 20, 2005

SEC May Act Soon on Soft Dollars

by: Theresa Sim

The SEC is poised to take action on the soft dollar issue as early as the end of this month, reported Reuters.

According to Reuters, the often divided group of commissioners has been considering the issue for months and have reached consensus.

Last fall, a task force recommended that the SEC limit the types of services that can be bought by soft dollars and bolster disclosure about soft dollars in fund documents.  

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