SEC mutual fund oversight report [GAO] News
SEC mutual fund oversight report [GAO]

Mutual Fund Industry: SEC's Revised Examination Approach Offers Potential Benefits, but Significant Oversight Challenges Remain; Government Accountability Office, September 19, 2005 [finding that though the SEC commits substantial resources to regulating mutual funds, it does not effectively monitor individual funds]. Read the full text of the report [PDF]. Reported in JURIST's Paper Chase here.