MIAMI - The SEC is giving some hints about the fund companies it may examine as part of its special inspection sweep of selected mutual fund companies on their advertising practices.

The types of ads that are most likely to draw agency scrutiny include those in which a fund promotes only one-year performance without disclosing longer-term, less favorable performance, said Patricia Flynn, a branch chief in the SEC's Miami office. Extravagant claims about performance also may generate scrutiny, Flynn said.

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