Leading Monday's corporations and securities law news, the US Government Accountability Office (GAO) has released a report urging the Securities and Exchange Commission (SEC) to improve its oversight of the mutual funds industry. The report found that though the SEC commits substantial resources to regulating mutual funds, it does not effectively monitor the individual funds. [...]

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Leading Monday's states brief, the Rhode Island Supreme Court issued an advisory opinion today saying that a proposal to build a gambling casino in West Warwick does not meet the state constitutional requirement that all lotteries be state run. Supporters of the casino, proposed by the Narragansett Indian tribe and the Las Vegas-based Harrah's Entertainment, [...]

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The UN Working Group on Arbitrary Detention reported Monday that pre-trial detention conditions in South Africa "fall short of international guarantees." The report comes after a two-week trip in which group members interviewed detainees in several detention centers in the cities of Pretoria, Johannesburg, Polokwane, Musina, Bloemfontein and Cape Town. Among the group's concerns were [...]

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Members of the European Parliament are busy trying to correct the problems faced by the now rejected European constitution . A core group of MEPs have been charged with preparing a proposal to address and recommend corrections to the obstacles that lead to the constitution's rejection , and suggest action in the meantime. Current plans [...]

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