MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, February 18, 2011 High-Yield Muni Bond Funds are in the SEC's Crosshairs Muni-bond fundsters, beware: The Securities and Exchange Commission is looking at whether some mutual funds have overstated the value of risky municipal bonds that are thinly traded, the Wall Street Journal reports. Citing anonymous sources, the pub reports that the commission is concerned that high-yield muni-bond fund investors might be misled about their investment's true value. Printed from: MFWire.com/story.asp?s=36087 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |