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Government-Sponsored Enterprises: Changes in Securities Distribution Process and Use of Derivative Products

GGD-93-70BR Published: Mar 16, 1993. Publicly Released: Mar 16, 1993.
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Highlights

Pursuant to a congressional request, GAO examined changes in the distribution of government-sponsored enterprise (GSE) debt securities and the use of GSE derivative products that are formed from GSE securities.

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Brokerage industryDerivative securitiesFinancial institutionsGovernment sponsored enterprisesInvestmentsReporting requirementsSecurities fraudSecurities regulationUS government securitiesFinancial instruments