CFTC Oversight

GGD-92-28R: Published: Aug 26, 1992. Publicly Released: Aug 26, 1992.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

Pursuant to a congressional request, GAO reviewed the Commodity Futures Trading Commission's (CFTC) and self-regulatory organizations' (SRO) oversight of compliance with industry financial requirements by futures commission merchants. GAO found that: (1) CFTC and SRO have policies and procedures for monitoring compliance, which they followed in general; (2) SRO maintain watch lists of firms suspected of having financial problems, and have automated financial oversight systems to assist in monitoring member firms; and (3) CFTC and SRO audit reports and related workpapers adequately documented completion of all required audit procedures.

Dec 16, 2020

Dec 10, 2020

Sep 22, 2020

Sep 4, 2020

Jul 21, 2020

Jul 6, 2020

Apr 30, 2020

  • finance icon, source: Comstock

    Priority Open Recommendations:

    Department of the Treasury
    GAO-20-549PR: Published: Apr 23, 2020. Publicly Released: Apr 30, 2020.

Apr 27, 2020

Looking for more? Browse all our products here