GAO Report on SEC Internal Controls

The Overnment Accountability Office issued a report on April 3 to discuss issues identified during its fiscal year 2006 audit of the SEC concerning internal controls and accounting/operational procedures that could be improved.  The report contains six recommendations to improve internal controls and procedures in addition to those previously provided to the SEC.  See Internal Control:  Improvements Needed in SEC's Accounting and Operational Procedures.  GAO-07-482R, April 3.