For the most part, mutual fund companies were able to recover quickly from the terrorist attacks of Sept. 11.

Still, consultants and regulators say some firms haven't done enough to plan ahead, and many firms continue to look for disaster-recovery improvements - which may be one of the reasons why the industry will take another swing at the problem during the Investment Company Institute's Operations Conference in Scottsdale, Ariz., this week. Mutual Fund Market News Associate Editor Tony Lystra spoke recently with Mary Carrido and Don Saracco, president and EVP/COO, respectively, of MLC & Associates, a business-continuity consulting firm in Port Orchard, Wash.

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