Locate Tolerance for selection

I grew up on Inventor.  I've now used SolidWorks for 4.5 years.  One thing that drives me nuts is how precise I have to place my curser to make selections.  In Inventor, there's an option they call "Locate Tolerance" that I max out to 10.  Here's the definition:

Does anyone know of a similar setting in SolidWorks?  I'm on 2012 SP2.

SolidworksGeneral