The Securities and Exchange Commission voted Feb. 16 to seek comments over the next three months on how to structure international accounting standards that would make it easier to sell mutual funds and securities worldwide.

Douglas Scheidt, associate director and chief legal counsel for the division of investment management at the SEC, said late last year that the SEC might work with the International Organization of Securities Commissioners, representing 80 nations, to explore the feasibility of international securities regulations. (MFMN 12/6/99)

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