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FGMSD-78-65 1 (1978-10-05)

handle is hein.gao/gaobaaybm0001 and id is 1 raw text is: 




REPORT BY


THE


Comptroller General

OF THE UNITED STATES


LM107352


Securities And Exchange Commission

Should Strengthen Its Inspection

Oversight Of The National

Association Of Securities Dealers



The Congress delegated regulation of the
over-the-counter securities market to pri-
vately financed national securities organiza-
tions. The National Association of Securities
Dealers is the only such organization which
has registered with the Commission to date.
GAO identified a number of weaknesses
impairing the effectiveness of the Commis-
sion's inspection oversight of the Association
and recommends ways to correct them.


This review was made at the
Subcommittee on Oversight
tions, House Committee on
Foreign Commerce.


request of the
and Investiga-
Interstate and


   FGMSD-78-65
OCTOBER 5, 1978


   11
C, P! s

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