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. 
Edited by:
Hung Tran
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