As the SEC moves closer to adopting online security and privacy regulations, several fund companies are having their websites evaluated, audited and certified to insure they are compliant with regulations and to ease investors' concerns regarding online privacy, fund executives said.

Since December, at least five mutual fund companies have undergone or are in the process of getting an evaluation of their websites by PriceWaterhouseCooper of New York. The firms are Phoenix Investment Partners of Hartford, Conn., INVESCO of Denver, Colo., Van Kampen Mutual Funds of Oakbrook Terrace, Ill., and Putnam Investment Management of Boston, according to PriceWaterhouseCooper.

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