TITLE

SEC Warns Mutual Funds, Boards On Methods for Valuing Securities

AUTHOR(S)
Hume, Lynn
PUB. DATE
May 2001
SOURCE
Bond Buyer;05/02/2001, Vol. 336 Issue 31130, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the United States Securities and Exchange Commission's issuance of a warning to mutual funds and their boards on methods for valuing securities. Mutual funds' need to continually review the methodology they use to price the securities in their portfolio; Importance of reflecting the market value or the fair value of the securities.
ACCESSION #
4428493

 

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