[11128]
July 20, 1999
TO: ACCOUNTING/TREASURERS COMMITTEE No. 23-99
SECURITIES OPERATIONS SUBCOMMITTEE
RE: VALUATION PROCEDURES TASK FORCE
_____________________________________________________________________________
Enclosed are the roster and meeting protocol for the newly-formed Valuation Procedures Task Force.
The group will provide a forum to discuss market events or issues that have an ongoing effect on the
valuation of mutual fund portfolio securities for a large segment of the industry.
The purpose of the meetings to be held by this group is to share information and practices. There
will be no conclusion or consensus reached regarding the subject matter of individual meetings.
Please review the task force roster and meeting protocol. If your organization is not represented and
you would like it to be, please contact the undersigned at 301/596-9109 or butler@ici.org. I will reissue the
roster periodically.
Diane M. Butler
Director - Operations & Fund Custody
Enclosures