TITLE

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

AUTHOR(S)
Hillman, Richard J.
PUB. DATE
December 2007
SOURCE
GAO Reports;12/17/2007, preceding pi
SOURCE TYPE
Government Documents
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
29362747

 

Related Articles

  • Chartview: No peeking.  // Futures: News, Analysis & Strategies for Futures, Options & Deri;Dec96, Vol. 25 Issue 15, p12 

    Presents the results of a survey conducted by the Treasury Management Association (TMA), to determine the response to a Securities Exchange Commission (SEC) proposal. What the proposal entailed; Who the TMA represents; Impact of required disclosures to firms' expectations.

  • Information Security: GAO-08-280.  // GAO Reports;3/3/2008, p1 

    In carrying out its mission to ensure that securities markets are fair, orderly, and efficiently maintained, the Securities and Exchange Commission (SEC) relies extensively on computerized systems. Integrating effective information security controls into a layered control strategy is essential...

  • Information Security: Securities and Exchange Commission Needs to Address Weak Controls over Financial and Sensitive Data: GAO-05-262. Wilshusen, Gregory C. // GAO Reports;3/23/2005, p1 

    The Securities and Exchange Commission (SEC) relies extensively on computerized systems to support its financial and mission-related operations. As part of the audit of SEC's fiscal year 2004 financial statements, GAO assessed the effectiveness of the commission's information system controls in...

  • Greater risk management can help avoid financial catastrophes. THOMSON, JEFFREY C. // Accounting Today;9/8/2008, Vol. 22 Issue 16, p14 

    The article discusses risk management through enhancement of financial reporting and internal control practices to global standards. The Institute of Management Accountants, tasked to train and develop accountants, states the importance of training professionals to be more adept at decision...

  • LINDA CHATMAN THOMSEN. Gasparino, Charles // Newsweek;6/13/2005, Vol. 145 Issue 24, p53 

    Continues a list of ten corporate and industrial executives who represent a new approach to business management and organization leadership, focusing on Linda Chatman Thomsen, enforcement chief of the Securities and Exchange Commission (SEC). Increasing political involvement of the SEC; Comments...

  • SEC Roundup: Developments Affecting The Director in 1978. Gubman, Irwin L. // Directors & Boards;Winter79, Vol. 3 Issue 4, p33 

    The article traces the origins of the U.S. Securities and Exchange Commission's (SEC) activity in key corporate governance areas and proposals for new SEC rules and procedures particularly in the area of corporate disclosure. Among those discussed are rules on the disclosure of beneficial...

  • Does IMA's Code of Conduct Apply to Other Functions? Verschor, Curtis C. // Strategic Finance;Jan2000, Vol. 81 Issue 7, p20 

    The article refers to the code of conduct promoted by the Institute of Management Accountants and focuses on United Forest Products and its adoption of the budget and performance evaluation system. The issues of the timber and wood processing plant's purchasing practices and the lack of external...

  • IMA joins call for int'l accounting standards. Cheney, Glenn // Accounting Today;1/7/2008, Vol. 22 Issue 1, p14 

    The article announces that the Institute of Management Accountants (IMA) of the U.S. has joined other organizations that are calling for the Securities and Exchange Commission (SEC) to accept financial reports prepared under international financial reporting standards (IFRS), without...

  • FRC and SBC Are Working Hard. Devonish-Mills, Linda // Strategic Finance;Aug2008, Vol. 90 Issue 2, p59 

    The article reports on the Institute of Management Accountants' Financial Reporting Committee (FRC) and Small Business Financial and Regulatory Affairs Committee (SBC). Attendees at the annual FRC meeting included several staff members of the U.S. Securities and Exchange Commission such as Chief...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics