Reporting requirements (31 - 36 of 36 items)
Securities Firms: Assessing the Need to Regulate Additional Financial Activities
GGD-92-70: Published: Apr 21, 1992. Publicly Released: Apr 21, 1992.
GAO reviewed: (1) the organization and regulatory structure of large U.S. securities firms; (2) whether regulatory gaps exist that might affect U.S. investors and the financial system; and (3) the regulation of those firms compared to different regulatory approaches for bank holding companies and foreign securities firms.GAO found that: (1) during the 1980s, the U.S. securities business became con...
Securities Regulation: Customer Protection Rule Oversight Procedures Appear Adequate
GGD-92-17: Published: Nov 21, 1991. Publicly Released: Nov 21, 1991.
Pursuant to a congressional request, GAO reviewed the Securities Exchange Commission's (SEC) oversight and enforcement of the SEC customer protection rule, focusing on: (1) how SEC determines whether broker-dealers are complying with the rule's possession or control requirement; (2) whether SEC has written procedures or methodologies for testing for rule compliance; and (3) the procedures SEC uses...
U.S. Government Securities: More Transaction Information and Investor Protection Measures Are Needed
GGD-90-114: Published: Sep 14, 1990. Publicly Released: Sep 14, 1990.
Pursuant to a legislative requirement, GAO evaluated the implementation and effectiveness of the Government Securities Act of 1986.GAO found that: (1) the Securities and Exchange Commission (SEC) found that the National Association of Securities Dealers (NASD) was ensuring that specialist firms complied with Treasury requirements and regulations; (2) gaps in investor protection could result in inv...
Investment Advisers: Current Level of Oversight Puts Investors at Risk
GGD-90-83: Published: Jun 26, 1990. Publicly Released: Jul 12, 1990.
Pursuant to a congressional request, GAO reviewed the Securities and Exchange Commission's (SEC) regulation of investment advisers.GAO found that: (1) since 1980, the number of financial advisers has tripled from about 4,600 to about 14,000, and the assets they manage have increased from about $440 billion to about $4.6 trillion; (2) investment advisers provide investors little assurance that the...
SEC's Efforts To Find Lost and Stolen Securities
GGD-84-42: Published: May 18, 1984. Publicly Released: May 18, 1984.
The Securities and Exchange Commission (SEC) maintains a program to find securities, such as stocks and bonds, that financial institutions and their customers report as lost or missing. GAO reviewed the SEC program to determine its effectiveness in finding such securities.SEC requires financial institutions to register under the program. Registration entitles institutions to report lost or stolen...
Opportunities for Improving the Quality and Efficiency of the Securities and Exchange Commission's Process for Reviewing Reports
FGMSD-80-81: Published: Sep 2, 1980. Publicly Released: Sep 2, 1980.
A review was undertaken of the administrative procedures used by the Securities and Exchange Commission (SEC) in examining company reports to determine whether they comply with Federal legislation requiring them to send periodic financial disclosure reports to SEC.While the number of statements and reports filed with SEC has increased dramatically over the last 10 years, the number of people revie...