A copy of the Government Accountability Office’s March 31, 2009 Report to Congressional Requesters entitled, “Greater Attention Needed to Enhance Communication and Utilization of Resources in the Division of Enforcement” is available at the link below.
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[…] Today at 2:30 pm ET, the U.S. Senate Banking Committee’s Subcommittee on Securities, Insurance, and Investment will hold an important hearing on “Strengthening the SEC’s Vital Enforcement Responsibilities.” The hearing comes just one day after the release of an extraordinary Report to Congressional Requesters by the Government Accountability Office (that bears the unextraordinary title of “Greater Attention Needed to Enhance Communication and Utilization of Resources in the Division of Enforcement,” and is available here). […]
[…] a summary of the IT problems the SEC is facing, see this post or the full GAO report released […]
[…] The money makes a real difference for SEC officials, who have seen their technology budget shrink by more than half since 2005 and their numbers of investigative attorneys remain more than 11 percent below 2004 levels, according to a recent Government Accountability Office study. […]