WASHINGTON - The Securities and Exchange Commission will conduct a review of mutual fund marketing, chairman Arthur Levitt Jr. told a fund conference here Thursday.The SEC will look at Web sites, sales literature, and advertising to determine whether a fund's performance and investment strategies are accurately portrayed, Mr. Levitt said.

The commission will also call on fund directors to conduct their own examinations, he said. The SEC will be working with the National Association of Securities Dealers Inc. to review current rules.

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