Commission Management

RJL enables clients to leverage a portion of their trading commissions generated to pay for research and brokerage services consistent with applicable regulations

We offer a comprehensive Commission Management program for institutional managers, who have the ability to allocate commissions for CCA/CSA or traditional soft dollar credits.

RJL retains a portion of the an agreed upon commission rate for its clearing and execution services and disburses the remaining dollar amounts to pay for research or brokerage services that fall under the protection of SEC Section 28 (e).

RJL adheres to the segregation requirements of SEC Rule 15c 3-3 under which our clients’ commission credits are segregated and held separately from firm assets.

Key Benefits

  • Accurate and Timely Reports
  • Timely payment processing
  • Completely transparent
  • Reduced operational burden
  • Reduced counterparty risk
  • Lowered operational expense
  • Confidentiality of payments