Soft Dollar Commissions Clause Samples
The Soft Dollar Commissions clause defines how a party, typically an investment manager, may use client brokerage commissions to pay for research and other services that benefit the client’s account. In practice, this clause outlines the types of services that qualify as permissible soft dollar arrangements and may require disclosure to clients about how their commissions are being used. Its core function is to ensure transparency and regulatory compliance in the use of client assets for obtaining research or services, thereby addressing potential conflicts of interest and protecting client interests.
Soft Dollar Commissions. We do not retain, for Our own account, cash or commission rebates arising out of transactions for the relevant ILP sub-funds whether executed in Singapore or outside Singapore. We shall be entitled to receive soft dollar commissions or arrangement in respect of the relevant ILP sub-funds, however, this will be made in accordance with the applicable regulatory requirements. Please refer to the Fund Prospectus for more information pertaining to soft dollar commissions or arrangements applicable to ILP sub-funds.
Soft Dollar Commissions. We do not receive any soft dollar commissions in respect of the underlying fund(s). Please refer to the Fund Prospectus for more information pertaining to soft dollar commissions or arrangements applicable to ILP Sub-Funds.
Soft Dollar Commissions. 16.1 The Trading Advisor will not enter into any soft dollar commission agreements with any Broker.
Soft Dollar Commissions. The Sub-Adviser will not enter into any soft dollar commission agreements with any Executing Broker in connection with the management of the Allocated Portion.