* See Memorandum to SEC Rules Members No. 16-97, dated February 28, 1997.
March 10, 1997
TO: SEC RULES COMMITTEE No. 29-97
RE: SUMMARY OF SEC ENFORCEMENT PROCEEDINGS AND CASES INVOLVING
VALUATION ISSUES
______________________________________________________________________________
The Institute recently sent to members a paper entitled "Valuation and Liquidity Issues
for Mutual Funds."* In connection with drafting the paper, the Institute asked outside counsel
to prepare a memorandum summarizing SEC enforcement actions and court cases involving
valuation issues. Attached for your information is a copy of that memorandum.
Frances M. Stadler
Associate Counsel
Attachment (in .pdf format)