Dear Mr. White,
Thank you for contacting the U.S. Securities and Exchange Commission (SEC) Office of Inspector General (OIG). We appreciate your providing your concerns to us; however, on the basis of our initial review, it appears that the matter you raise does not fall within the OIG’s jurisdiction. The OIG is an independent office within the SEC and derives its authority from the Inspector General Act of 1978, as amended. In accordance with that statute, the OIG cannot perform SEC operating responsibilities, such as investigating alleged violations of the Federal securities laws. The OIG’s primary functions are to audit the SEC’s internal operations and to investigate alleged SEC staff misconduct.