SEC PROVIDES GUIDANCE ON INVESTMENT COMPANY PORTFOLIO VALUATION
Abstract
In a much anticipated letter to the Investment Company Institute (ICI) the Securities and Exchange Commission (SEC) on April 30, 2001, set out its position on certain portfolio valuation matters applicable to all registered investment companies. The letter, issued by Douglas Scheidt, Associate Director and Chief Counsel of the Division of Investment Management, follows the same tone and tenor of a similar letter to the ICI dated December 8, 1999, which also addressed investment company portfolio valuation (with specific emphasis on board responsibilities and oversight).
Citation
Friend, L.A. and Evangelista, A.S. (2001), "SEC PROVIDES GUIDANCE ON INVESTMENT COMPANY PORTFOLIO VALUATION", Journal of Investment Compliance, Vol. 2 No. 1, pp. 31-33. https://doi.org/10.1108/eb045899
Publisher
:MCB UP Ltd
Copyright © 2001, MCB UP Limited