---
kind: "section"
citation: "15 U.S.C. § 78d–4"
title: "15"
title_heading: "Commerce and Trade"
number: "78d–4"
heading: "Additional duties of Inspector General"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/15/78d-4"
units:
  - "Chapter 2B — Securities Exchanges"
---

# §78d–4. Additional duties of Inspector General

- (a) **Suggestion submissions by Commission employees—**
  - (1) **Hotline established—** The Inspector General of the [Commission](/usc/15/78c.md?p=a-15) shall establish and maintain a telephone hotline or other electronic means for the receipt of—
    - (A) suggestions by employees of the [Commission](/usc/15/78c.md?p=a-15) for improvements in the work efficiency, effectiveness, and productivity, and the use of the resources, of the [Commission](/usc/15/78c.md?p=a-15); and
    - (B) allegations by employees of the [Commission](/usc/15/78c.md?p=a-15) of waste, abuse, misconduct, or mismanagement within the [Commission](/usc/15/78c.md?p=a-15).
  - (2) **Confidentiality—** The Inspector General shall maintain as confidential—
    - (A) the identity of any individual who provides information by the means established under [paragraph (1)](#a-1), unless the individual requests otherwise, in writing; and
    - (B) at the request of any such individual, any specific information provided by the individual.
- (b) **Consideration of reports—** The Inspector General shall consider any suggestions or allegations received by the means established under [subsection (a)(1)](#a-1), and shall recommend appropriate action in relation to such suggestions or allegations.
- (c) **Recognition—** The Inspector General may recognize any employee who makes a suggestion under [subsection (a)(1)](#a-1) (or by other means) that would or does—
  - (1) increase the work efficiency, effectiveness, or productivity of the [Commission](/usc/15/78c.md?p=a-15); or
  - (2) reduce waste, abuse, misconduct, or mismanagement within the [Commission](/usc/15/78c.md?p=a-15).
- (d) **Report—** The Inspector General of the [Commission](/usc/15/78c.md?p=a-15) shall submit to Congress an annual report containing a description of—
  - (1) the nature, number, and potential benefits of any suggestions received under [subsection (a)](#a);
  - (2) the nature, number, and seriousness of any allegations received under [subsection (a)](#a);
  - (3) any recommendations made or actions taken by the Inspector General in response to substantiated allegations received under [subsection (a)](#a); and
  - (4) any action the [Commission](/usc/15/78c.md?p=a-15) has taken in response to suggestions or allegations received under [subsection (a)](#a).
- (e) **Funding—** The activities of the Inspector General under this subsection shall be funded by the [Securities](/usc/15/78c.md?p=a-10) and [Exchange](/usc/15/78c.md?p=a-1) [Commission](/usc/15/78c.md?p=a-15) Investor Protection Fund established under [section 78u–6 of this title](/usc/15/78u–6.md).

## Source credit

(June 6, 1934, ch. 404, title I, § 4D, as added Pub. L. 111–203, title IX, § 966, July 21, 2010, 124 Stat. 1912.)

## Notes

### Statutory Notes and Related Subsidiaries

### Effective Date

Section effective 1 day after July 21, 2010, except as otherwise provided, see section 4 of Pub. L. 111–203, set out as a note under section 5301 of Title 12, Banks and Banking.