SEC and CFTC Penalties

SEC and CFTC Penalties
Author :
Publisher : DIANE Publishing
Total Pages : 50
Release :
ISBN-10 : 142230440X
ISBN-13 : 9781422304402
Rating : 4/5 (402 Downloads)

Book Synopsis SEC and CFTC Penalties by : Richard J. Hillman

Download or read book SEC and CFTC Penalties written by Richard J. Hillman and published by DIANE Publishing. This book was released on 2006-03 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: The SEC & Commodity Futures Trading Comm. (CFTC) impose penalties, disgorgements, & restitution on proven & alleged violators of the securities & futures laws, respectively. The GAO has issued a number of previous reports on agency collection efforts & made numerous recommendations for improvement. This report follows up on open issues from the previous reports &: (1) discusses SEC's progress in improving its tracking of penalty & disgorgement collection data; (2) assesses the steps SEC has taken to improve collection program management; (3) evaluates SEC's implementation of the Fair Fund provision in the Sarbanes-Oxley Act of 2002; & (4) describes CFTC's actions to address previous recommendations. Charts & tables.


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