But what about the oversight challenges posed by mixing futures and securities entities regulated by different agencies?
The committee recommended that the agency "give explicit consideration to the oversight challenges arising from automotive electronics" and "develop and articulate a long-term strategy for meeting the challenges," the report said.
This will require new enforcement models, with resources to tackle the oversight challenges that are emerging in a data rich world, with increasingly ubiquitous computing.
The chilling comments about the board's lack of effectiveness in "oversight and challenge" reflect concerns every board member must have about their own participation in the so-called oversight process.
Weak corporate governance at Green's Taveta group, which was run as a "personal fiefdom by a single dominant individual", according to MPs, meant there was little independent oversight or challenge to decisions.
Conservatives who question the consensus that climate change is manmade want to use various committees' oversight powers to challenge its scientific underpinnings, many of which were reached by federally financed researchers.
That means more oversight and challenge of local authorities and academy chains that are struggling; more action to get the best school leaders working to improve underperforming schools; and a National Leadership Institute to increase the number of top-quality headteachers.
"But a pattern of decisions that may reasonably be considered poor, at the time or with hindsight, suggests the probability of underlying deficiencies in: a bank's management capabilities and style; governance arrangements; checks and balances; mechanisms for oversight and challenge; and in its culture, particularly its attitude to the balance between risk and growth".
"As the government continues, without evidence, with its agenda to turn all schools into academies and no system of local oversight to spot and challenge underperformance early, these problems will only get worse".
Meanwhile in Puerto Rico, groups are organizing, coalitions have formed, and the possibility of practicing civil disobedience to challenge the Oversight Board it's been openly discussed.
