Commodities exchanges (1 - 10 of 44 items)
Financial Regulation: Clearer Goals and Reporting Requirements Could Enhance Efforts by CFTC and SEC to Harmonize Their Regulatory Approaches
GAO-10-410: Published: Apr 22, 2010. Publicly Released: Apr 22, 2010.
The conference report accompanying the Consolidated Appropriations Act of 2010 directed GAO to assess the joint report of the (SEC) and the Commodity Futures Trading Commission (CFTC) on harmonization of their regulatory approaches. In October 2009, CFTC and SEC issued this report in response to the Department of the Treasury's recommendation that the two agencies assess conflicts in their rules a...
Securities Regulation: Improvements Needed in the Amex Listing Program
GAO-02-18: Published: Nov 27, 2001. Publicly Released: Dec 20, 2001.
The Securities and Exchange Commission (SEC) has indicated that one-third of Amex's new listings did not meet the exchange's equity listing standards. Amex's listing guidelines address factors that are the same or similar to those addressed by other U.S. stock markets. Quantitative requirements addressed share price, stockholders' equity, income, and market value of publicly held shares. However,...
SEC and CFTC: Most Fines Collected, but Improvements Needed in the Use of Treasury's Collection Service
GAO-01-900: Published: Jul 13, 2001. Publicly Released: Jul 30, 2001.
Fines are one way for regulators to sanction those who violate securities and futures industry rules. However, for fines to be effective, regulators must collect them. This report reviews fine collection by the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and nine exchanges and industry associations that act as self-regulatory organizations (SRO) in th...
Securities and Exchange Commission: Reviews of Accounting Matters Related to Public Filings
GAO-01-718: Published: Jun 14, 2001. Publicly Released: Jun 14, 2001.
This report reviews the Securities and Exchange Commission's (SEC) resolution of accounting issues submitted by companies that have or are contemplating publicly traded securities. Companies are required by law to register their securities with SEC by filing a registration statement. This statement must contain financial and other information on the securities and the issuer. SEC's Office of the C...
Commodity Exchange Act: Issues Related to the Regulation of Electronic Trading Systems
GGD-00-99: Published: May 5, 2000. Publicly Released: May 5, 2000.
Pursuant to a congressional request, GAO reviewed issues related to the regulation of electronic trading systems, focusing on: (1) how technology is being used in the exchange-traded futures market, and what concerns this use raises under the Commodity Exchange Act (CEA); (2) how technology is being used in the over-the-counter (OTC) derivatives market, and what concerns this use raises under the...
Financial Regulatory Coordination: The Role and Functioning of the President's Working Group
GGD-00-46: Published: Jan 21, 2000. Publicly Released: Feb 24, 2000.
Pursuant to a congressional request, GAO provided information on the role and functioning of the President's Working Group on Financial Markets, focusing on: (1) whether the issues listed for consideration by the Working Group in Executive Order 12631 have been considered; (2) what additional issues have been considered by the Working Group and how they were identified; and (3) the nature of coord...
Money Penalties: Securities and Futures Regulators Collect Many Fines But Need to Better Use Industrywide Data
GGD-99-8: Published: Nov 2, 1998. Publicly Released: Nov 2, 1998.
GAO reviewed the fine imposition and collection activities by the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and securities and futures self-regulatory organizations (SRO), focusing on the: (1) extent to which SEC, CFTC, and SROs collected fines; (2) guidance they used to determine fine amounts; and (3) how SEC and CFTC assess the appropriateness of...
Securities Market Operations: The Effects of SOES on the Nasdaq Market
GGD-98-194: Published: Aug 31, 1998. Publicly Released: Aug 31, 1998.
Pursuant to a congressional request, GAO provided information on the Small Order Execution System (SOES) and its effects on the Nasdaq Stock Market, focusing on the: (1) extent to which SOES is being used for its intended purpose; (2) effects of SOES on the marketplace; (3) results of attempts to limit trading on SOES or replace SOES; and (4) effects of recent market developments and proposals aff...
CFTC Enforcement: Actions Taken to Strengthen the Division of Enforcement
GGD-98-193: Published: Aug 28, 1998. Publicly Released: Aug 28, 1998.
Pursuant to a congressional request, GAO reviewed: (1) the changes made to the Commodity Futures Trading Commission's (CFTC) Division of Enforcement, including the views of enforcement staff on areas in which changes were made; (2) further opportunities for improvement, if any, in these areas; and (3) other available information that might indicate CFTC's commitment to its enforcement program.GAO...