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MFDF - Mutual Fund Directors Forum - Report: Board Oversight of Valuation

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Report: Board Oversight of Valuation

In June 2012, the Mutual Fund Directors Forum released a special report, "Practical Guidance for Fund Directors on Valuation Oversight." This important document provides directors with practical guidance regarding how to carry out their oversight role in this area. The Forum's report includes an overview of directors' legal obligations for valuation, provides information to inform a board's oversight of valuation procedures, and offers guidance on board resources and reporting on valuation.