The Office of Inspector General (OIG) conducts and supervises audits and investigations of programs and operations of the CFTC and recommends policies to promote economy, efficiency and effectiveness in CFTC programs and operations and to prevent and detect fraud and abuse.
Here you will find helpful contact information, reports and alerts issued by the OIG.
Employees, contractors and members of the public may report any instance of fraud, waste, and abuse at CFTC by:
- calling the CFTC OIG hotline at 202-418-5510
- sending an email (you do not need to identify yourself)
- sending a letter to:
Commodity Futures Trading Commission
Office of the Inspector General
Three Lafayette Centre
1155 21st Street, NW
Washington, DC 20581 - sending a Fax to the CFTC OIG at 202-418-5522
- subscribe to OIG Report
- 2020 Financial Statement Audit Opinion (November 23, 2020)
- CPF Audit Opinion and Financial Statements FY 2020 (October 29, 2020)
- Management Challenges – Fiscal Year 2020 (October 27, 2020)
- Performance Audit: CFTC’s Policies and Procedures Regarding Oversight of Cybersecurity Safeguards by Registered Entities (September 14, 2020)
- Peer Review Report of National Endowment of the Arts (December 9, 2019)
- CFTC’s Compliance with the Digital Accountability and SUBJECT: Transparency Act (DATA Act) of 2014 (FY 2019 Quarter 1) (December 5, 2019)
Alerts
OIG Reports
Annual Financial Statements Audit Opinion
Annual Financial Statements Audit Opinion(s) are included in each annual Agency Financial Report (AFR). Below are links to the full Agency Financial Report (formerly the Performance and Accountability Report, or PAR) documents. The audit opinions are found on the pages following each link.
- 2020 Financial Statement Audit Opinion
- 2019 Financial Statement Audit Opinion
- 2018 Financial Statement Audit Opinion
- 2017 Financial Statements Audit Opinion
- 2016 Financial Statements Audit Opinion
- CFTC Financial Statements Alert
- 2015 Financial Statements Audit Opinion
- 2004 Financial Statements Audit Opinion
Assessments of the Most Serious Management Challenges Facing the CFTC
- Management Challenges – Fiscal Year 2020
- Management Challenges – Fiscal Year 2019
- Management Challenges – Fiscal Year 2018
- Management Challenges – Fiscal Year 2017
- Management Challenges – Fiscal Year 2016
- Management Challenges – Fiscal Year 2015
- Management Challenges – Fiscal Year 2014
- Management Challenges – Fiscal Year 2013
- Management Challenges – Fiscal Year 2012
- Management Challenges – Fiscal Year 2011
- Management Challenges – Fiscal Year 2010
- Management Challenges – Fiscal Year 2009
- Management Challenges – Fiscal Year 2008
- Management Challenges – Fiscal Year 2007
- Management Challenges – Fiscal Year 2006
- Management Challenges – Fiscal Year 2005
- Management Challenges – Fiscal Year 2004
Dodd-Frank Reports
- Study mandated by Dodd Frank Act - Audit Report on the Impact of the Freedom of Information Act Exemption Related to Protecting the Identity of Whistleblowers in Fiscal Year 2012 and 2011
- Report of Preliminary Investigation Regarding Position Limits Rulemaking Efforts Undertaken by the Commodity Futures Trading Commission Pursuant to the Dodd-Frank Act – February 15, 2012
- A Review Of Cost-Benefit Analyses Performed by the Commodity Futures Trading Commission in Connection with Rulemakings Undertaken Pursuant to the Dodd-Frank Act – June 13, 2011
- An Investigation Regarding Cost-Benefit Analyses Performed by the Commodity Futures Trading Commission in Connection with Rulemakings Undertaken Pursuant to the Dodd-Frank Act – April 15, 2011
Audit of the Customer Protection Fund – Financial Statements
- CPF Audit Opinion and Financial Statements FY 2020
- CPF Audit Opinion and Financial Statements FY 2019
- CPF Audit Opinion and Financial Statements FY 2018
- CPF Audit Opinion and Financial Statements FY 2017
- CPF Audit Opinion and Financial Statements FY 2016
- CPF Audit Opinion and Financial Statements FY 2015
- CPF Audit Opinion and Financial Statements FY 2014
- CPF Audit Opinion and Financial Statements FY 2013
- CPF Audit Opinion and Financial Statements FY 2012
- CPF Audit Opinion and Financial Statements FY 2011
Other Audits
- Performance Audit: CFTC’s Policies and Procedures Regarding Oversight of Cybersecurity Safeguards by Registered Entities
- Review of CFTC’s Data Governance Program: Integrated Surveillance System
- Audit of the Financial Stability Oversight Council’s Monitoring of International Financial Regulatory Proposals and Developments – Transmit to CFTC Chairman
- Audit of CFTC’s Enterprise Architecture Program
- Performance Audit: U.S. Commodity Futures Trading Commission’s Oversight of the National Futures Association
- Appalachian Regional Commission Office of the Inspector General System Review Report
- Audit of Commodity Futures Trading Commission’s Policies and Procedures For Reviewing Registrants’ Cybersecurity
- Audit of Commodity Futures Trading Commission Compliance with the Improper Payments Elimination and Recovery Improvement Act of 2012
- Performance Audit - Pension Prizers Audit Report
- Performance Audit – Division of Market Oversight’s Rule Enforcement Review
- Performance Audit – Management’s Use of Information Technology Resources in Support of its Strategic Plan and Regulatory Responsibilities
- CFTC’s Management Controls and Procedures for Evaluating Futures Commission Merchants’(FCM) and Retail Foreign Exchange Dealers’(RFED) Compliance with CFTC Financial Reporting Requirements Mandated by the Commodity Exchange Act and the Dodd Frank Act
- Performance Audit of CFTC’s Consumer Outreach Program’s Efforts for Enhancing Awareness of Regulatory Resources and Protections Available to Commodity Market Users Against Fraud
- Fiscal Year 2013 Audit of CFTC Compliance with the Federal Information Security Management Act of 2002
Other Financial Related Products
- CFTC’s Compliance with the Digital Accountability and SUBJECT: Transparency Act (DATA Act) of 2014 (FY 2019 Quarter 1) (November 8, 2019)
- Management of Select Service Contracts Used by the Office of Data and Technology (ODT) (September 11, 2019)
- Whitepaper: Expanding Customer Education Initiatives and Transmittal Letter: Expanding Customer Education Initiatives (September 28, 2018)
- Compliance with DATA Act of 2014 - Reporting Accuracy in Fiscal Year 2017 Quarter II (October 20, 2017)
- CFTC Compliance with the Improper Payments Elimination and Recovery Improvement Act of 2012 (April 28, 2017)
- OIG Risk Assessment of the CFTC Purchase Card and Convenience Check Program (April 14, 2017)
- Custodial Receivables Financial Reporting Challenges
- OIG Risk Assessment of the CFTC Purchase Card and Convenience Check Program (February 19, 2016)
- Federal Managers Financial Integrity Act (November 17, 2014)
- OIG Risk Assessment of the CFTC Purchase Card and Convenience Check Program (March 2, 2015)
Inspections
- Inspection & Evaluation CFTC Stress-Testing Development Efforts February 26, 2018
- Inspection and Evaluation of the February 2018 CFTC-SEC harmonization briefing – October 16, 2018
- Inspection of CFTC’s Division of Enforcement-Disposition of Preliminary Investigations Reports - September 4, 2012
- Inspection of CFTC's Disposal Of Surplus Information Technology Equipment – May 25, 2010
Investigations
- Investigation into Potential Violation of 18 U.S.C. § 208: Acts Affecting a Personal Financial Interest (March 30, 2017)
- OIG Follow-Up Memo Regarding March 30, 2017, OIG Investigative Report
- Investigation into a Potential Information Technology Security Incident (June 27, 2016)
- Agency Response to June 27, 2016, OIG investigative report
- OIG Follow-Up Memo Regarding June 27, 2016, OIG Investigative Report
- Allegation of Illegal Trading (February 11, 2015)
Audit Reviews
- Briefing Report: Unaccounted Laptops (May 13, 2019)
- Review of the U.S. Commodity Futures Trading Commission Purchase Card and Convenience Check Program (May 18, 2018)
- Audit of Commodity Futures Trading Commission Compliance with the Improper Payments Elimination and Recovery Improvement Act of 2012 (May 18, 2018)
- Lean Labor: A Case Study (September 22, 2017)
- Readiness Review of the CFTC Progress toward Compliance with the DATA Act (November 29, 2016)
- Review of the CFTC Travel Card Program (September 16, 2016)
- Review of Management Assurances Over Internal Controls (June 7, 2016)
- Review of CFTC Compliance with Improper Payments Elimination and Recovery Act of 2010 (IPERA) during FY 2014- IG Letter (Prepared June 18, 2015)
- Review of CFTC Compliance with Improper Payments Elimination and Recovery Act of 2010 (IPERA) during FY 2013- IG Letter (Prepared April 14, 2014)
Investigative Reviews
- CFTC OIG Whistleblower Report (September 29, 2016)
- Final Review of Space Utilization of the Washington, DC Office with cover redacted (April 25, 2016)
- Follow Up Report: Review of the Commodity Futures Trading Commission’s Response to Allegations Pertaining to the Office of the Chief Economist (January 13, 2016)
- CFTC OIG Review of NY Lease and Occupancy With Management Response, Redacted (September 1, 2015)
- Final Review of Space Utilization of the Chicago Regional Office with Cover Redacted (September 1, 2015)
- A Review of Leasing and Occupancy Levels of the Kansas City Regional Office of the Commodity Futures Trading Commission (Prepared June 4, 2014)
- A Review of 75 Purchases by the Commodity Futures Trading Commission: March 2011 – March 2012 (Prepared December 21, 2012)
- Review of the Commodity Futures Trading Commission's Oversight and Regulation of MF Global, Inc. (Prepared May 16, 2013)
- Review of the Commodity Futures Trading Commission's Response to Allegations Pertaining to the Office of the Chief Economist (Prepared February 21, 2014)
Law and Economic Reviews
Peer Review Reports
- Peer Review Report of CFTC OIG Audit Function-August 13, 2019
- Peer Review Report of CFTC OIG Audit Function-August 16, 2016
- Peer Review Report of CFTC OIG Audit Function-May 19, 2014 including CFTC-IG comments
- Peer Reviewer Comment Letter regarding the Peer Review of the CFTC-OIG Audit Function
- Peer Review Report of CFTC OIG on Investigative Operations, March 27, 2013
- Peer Review Report of CFTC OIG Audit Function – March 31, 2011
Peer Review Report of Other OIG
Semi-Annual Reports to Congress
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Reported by the CFTC-OIG to Congress twice yearly |
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| September 30, 2020 Report CFTC Transmittal Memo |
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