United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 2004-07-23 monographic deposited born digital 31 p. GA 1.13:GAO-04-818 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-04-818 P0b002ee1803a1c15 f:d04818 DGPO 2010-08-12 2011-03-28 GAOREPORTS-GAO-04-818 machine generated eng fdlp REPORT GAOREPORTS-GAO-04-818 GAO-04-818 Allocation (Budget Act) Appropriated funds Budget activities Budgeting Federal funds Funds management Human resources utilization Information technology Internal controls Labor force Human capital Other Written Product A11046 This report responds to a statement in the Conference Report on the Securities and Exchange Commission's (SEC) fiscal year 2004 appropriations directing GAO to study SEC's allocation of its increased funding for fiscal years 2003 and 2004. Historically, SEC has faced high staff turnover rates, long stretches of unfilled staff positions, and growing resource needs. Additionally, the agency has faced significant needs in its information technology area. In response to these trends and several high-profile corporate failures and financial scandals, Congress approved significant increases in SEC's appropriations to help improve oversight and increase public confidence in financial markets. This report builds on several reports GAO has issued on these issues. GAO was asked to review SEC's (1) allocation of its fiscal year 2003 and 2004 funds and (2) use of its information technology funding in fiscal year 2003 and its plan for 2004. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-04-818/html/GAOREPORTS-GAO-04-818.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-04-818/pdf/GAOREPORTS-GAO-04-818.pdf GAO-04-818 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-04-818 Other Written Product GAO-04-818; Securities And Exchange Commission: Review of Fiscal Year 2003 and 2004 Budget Allocations; Allocation (Budget Act) Appropriated funds Budget activities Budgeting Federal funds Funds management Human resources utilization Information technology Internal controls Labor force Human capital Volume 115 Page 2390 115 Stat. 2390 Volume 117 Page 842 117 Stat. 842