SEC Enforcement Director Robert Khuzami

SEC Enforcement Director Robert Khuzami

Andrew Harrer/Bloomberg

“Investors rely on board members to establish an accurate process for valuing their mutual fund investments,” SEC Enforcement Director Robert Khuzami said in a statement. Enforcement Director Robert Khuzami said in a statement. “Otherwise, they are left in the dark about the value of their investments and handicapped in their ability to make informed decisions.”