"The commission’s examiners want to know about fund holdings and to what extent they own certain debt, such as tender-option bonds and unrated securities. They want details on fund-owned munis that have defaulted. They also are asking the funds how they conduct credit analysis and how they determine the values of the municipal securities they hold, sources said."
The overlap in issues between the SEC investigation and the Oppenheimer class actions is not a coincidence. According to the author, the investigation "may have been prompted by the ongoing litigation between shareholders in seven muni funds managed by OppenheimerFunds that is pending in a federal court in Denver."
4 comments:
A good informative post that you have shared and thankful your work for sharing the information. Got some appealing information and would like to give it a try. Applaud your work and keep sharing your information.Really impressed! Everything is very open and very clear clarification of issues.
Call Option || Option Tips || Stock Option Tips || Options || Nifty Options
I had no trouble navigating through all the tabs as well as related info. The site ended up being truly simple to access.
Intraday Nifty Future Tips
Share market tips
Share and Earn.
I’m satisfied that you simply shared this useful information with us.
Commodity tips
Stock Market
Share Market
Nse Tips
Bse Tips
Post a Comment