SEC probing mutual funds’ muni pricing: report (Reuters)
By on Feb 18, 2011 with Comments 0
Reuters – U.S. securities regulators are probing whether some mutual funds have overstated the value of thinly traded risky municipal bonds at a time when investors were withdrawing money from muni-bond funds, the Wall Street Journal reported, citing people familiar with the matter.
Visit link:
SEC probing mutual funds’ muni pricing: report
(Reuters)