service accounts

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12:11 May 3, 2018
English to French translations [PRO]
Bus/Financial - Finance (general) / Asset management
English term or phrase: service accounts
The Sub-Investment Manager may utilise “soft commissions” to pay only for research and brokerage products or services that it believes satisfy the definition of “research” or “brokerage” under Section 28(e) of the U.S. Exchange Act of 1934, as amended.
Section 28(e) is a “safe harbor” that permits an investment manager to use “soft commissions” to obtain certain research and brokerage services in connection with the investment decision-making process.
Under Section 28(e), research obtained with “soft commission” credits generated by the Sub-Fund may be used by the Sub-Investment Manager to service accounts other than the Sub-Fund.
Marion Delarue
Local time: 12:38

Summary of answers provided
5administrer des comptes
4gérer les comptes
FX Fraipont



4 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
gérer les comptes


FX Fraipont
Local time: 12:38
Native speaker of: Native in FrenchFrench
PRO pts in category: 1576
Login to enter a peer comment (or grade)

38 mins   confidence: Answerer confidence 5/5
administrer des comptes


Local time: 12:38
Native speaker of: Native in FrenchFrench
PRO pts in category: 2031
Login to enter a peer comment (or grade)

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