Regulatory agencies (21 - 30 of 49 items)
Long-Term Capital Management: Regulators Need to Focus Greater Attention on Systemic Risk
GGD-00-3: Published: Oct 29, 1999. Publicly Released: Nov 19, 1999.
Pursuant to a congressional request, GAO provided information on Long Term Capital Management (LTCM) funds, focusing on: (1) how LTCM's positions became large and leveraged enough to be deemed a potential systemic threat; (2) what federal regulators knew about LTCM and when they found out about its problems; (3) what the extent of coordination among regulators was; and (4) whether regulatory autho...
Results Act: Observations on CFTC's Annual Performance Plan
T-GGD-99-10: Published: Oct 8, 1998. Publicly Released: Oct 8, 1998.
GAO discussed the Commodity Futures Trading Commission's (CFTC) fiscal year (FY) 2000 annual performance plan, focusing on five areas in which CFTC could improve its performance plan.GAO noted that: (1) the annual performance plans can be an invaluable tool for making policy decisions, improving program management, enhancing accountability, and communicating to both internal and external audiences...
The Results Act: Observations on FDIC's Annual Performance Plan
GGD-98-190R: Published: Sep 15, 1998. Publicly Released: Sep 15, 1998.
Pursuant to a congressional request, GAO reviewed the Federal Deposit Insurance Corporation's (FDIC) 1998 annual performance plan, which was submitted to meet the requirements of the Government Performance and Results Act.GAO noted that: (1) FDIC has made a good initial effort in preparing its performance plan; (2) FDIC's annual performance plan contains the basic elements required by the Results...
The Results Act: Observations on OCC's Annual Performance Plan for Calendar Year 1998
GGD-98-189R: Published: Sep 15, 1998. Publicly Released: Sep 15, 1998.
Pursuant to a congressional request, GAO reviewed the Office of the Comptroller of the Currency's (OCC) calendar year 1998 performance plan, which was submitted to Congress to meet the requirements of the Government Performance and Results Act.GAO noted that: (1) OCC has made a good initial effort in preparing a performance plan that incorporates the basic elements required by the Results Act; (2)...
Bank Data: Material Loss of Oversight Information From Interstate Banking Is Unlikely
GGD-97-49: Published: Mar 26, 1997. Publicly Released: Mar 26, 1997.
Pursuant to a legislative requirement, GAO reviewed how the interstate branching provisions of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 are likely to affect the usefulness of the deposit and loan data collected and reported to federal regulators by the banking industry under statutory and regulatory requirements, focusing on whether modifications to such data require...
Bank Oversight Structure: U.S. and Foreign Experience May Offer Lessons for Modernizing U.S. Structure
GGD-97-23: Published: Nov 20, 1996. Publicly Released: Nov 20, 1996.
Pursuant to a congressional request, GAO reviewed its previous work on the structure and operations of bank oversight in five countries, focusing on: (1) aspects of those systems that may be useful for Congress to consider in any future modernization efforts; (2) perceived problems with federal bank oversight in the United States; and (3) principles for modernizing the U.S. federal bank oversight...
Limited Partnership Rollups
GGD-95-180R: Published: Aug 3, 1995. Publicly Released: Aug 3, 1995.
Pursuant to a legislative requirement, GAO reviewed the use of fairness opinions in limited partnership rollups. GAO noted that it did not have a sufficient basis to submit any conclusions on the use of fairness opinions, since only one fairness opinion and five rollups in total were filed since the legislation was enacted...
Credit Unions: Both Industry and Insurance Fund Appear Financially Sound
T-GGD-94-142: Published: Sep 29, 1994. Publicly Released: Sep 29, 1994.
GAO discussed the financial condition of federally insured credit unions and the National Credit Union Share Insurance Fund. GAO noted that: (1) credit unions fared better in the 1980s than did banks and thrifts; (2) since 1990, credit union assets have increased 46 percent and credit union capital has increased from 7.6 percent to 9.1 percent of assets; (3) loan delinquencies and losses are lower...
Financial Derivatives: Actions Needed to Protect the Financial System
T-GGD-94-170: Published: Jun 23, 1994. Publicly Released: Jun 23, 1994.
GAO discussed federal oversight of derivatives activities. GAO noted that: (1) most of the over-the-counter derivatives activity in the United States is concentrated among 15 major U.S. dealers who are extensively linked with each other, end-users, and exchange-traded markets; (2) these dealers' sudden failure or abrupt withdrawal from trading could cause significant problems and prompt the federa...
Financial Services Industry Issues
OCG-93-10TR: Published: Dec 1, 1992. Publicly Released: Dec 1, 1992.
Pursuant to a congressional request, GAO summarized issues relating to the federal government's regulation of and relationship with the financial services industry, focusing on: (1) federal regulation of financial institutions; (2) rapidly changing financial markets; and (3) federal regulation of insurance industry solvency.GAO noted that the: (1) federal government's many legislative and administ...