SECURITIES AND EXCHANGE COMMISSION: Opportunities Exist to Improve Oversight of Self-Regulatory Organizations

Hillman, Richard J.
December 2007
GAO Reports;12/17/2007, preceding pi
Government Documents
The article determines several opportunities for the U.S. Securities and Exchange Commission (SEC) to improve the management of self-regulatory organizations (SRO) through its inspection program. It discusses and evaluate the structure of SEC's inspection program, describes the SRO referral process and evaluates SEC's information system for SRO referrals. It recommends that the SEC chairman must create a written framework for SRO inspections and expand the use of SRO internal review products.


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