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While the S.E.C. monitors the exchange's regulatory function, Mr. Spitzer's motion said, there is no federal oversight over how much the exchange compensates its top executives.
The report, based on surveys of nearly 1,000 students at 45 high schools citywide last spring, said the city's Department of Education exercised almost no oversight over how much access recruiters had to students at high schools.
While there is some debate about precisely how much ticket taxes have risen in recent years, airline representatives say that governments are increasingly turning to travelers to raise revenue in lean times, and that there is little oversight over how the money is spent.
Revealing the findings of their inquiry, the MPs also demanded a review of sensible drinking guidelines amid fears they are unclear, and called on ministers to "exercise proper scrutiny and oversight" over how health messages collided with the industry's "business objectives".
Employees who focus on reducing social and environmental damage from projects lack independence or incentives to do a good job, and the World Bank has little oversight over how well their advice is followed and how much money is devoted to safeguards.
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Such payments are often described as development projects, but there appears to be little oversight over exactly how the money is spent.
Congress demands such deference because it is, after all, a coequal branch of government, with oversight authority and control over how the government spends taxpayers' money.
However, councillors and the mayor voted to accept it under pressure from protesters and after assurances from federal officials over how much the oversight process was likely to cost city funds.
WASHINGTON — As Congress and the Bush administration struggle to contain the housing and credit crises — and prevent more Wall Street firms from collapsing as Bear Stearns did — a split is forming over how to strengthen oversight of financial institutions after decades of deregulation.
The authors of the new report hope that its contents will frame the debate over how much government oversight and control is warranted in the field.
Part of the regulatory oversight could include a system of accountability over how Facebook's parent business can and cannot use pooled data holdings.
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