Soft Dollar Debate Heating Up

FRONT PAGE: RESEARCH & COMMENTARY

Despite the negative publicity, not everyone wants to eliminate soft dollar arrangements, according to speakers at last week's Soft Dollar & Institutional Brokerage Conference, hosted by the Securities Industry Association.

The debate surrounding soft dollar spending centers on improving disclosure and transparency for investors.

Also at the heart of the debate is the bundling of commissions. Regulators want to put a value on research and make fund managers pay for it separately from other broker

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