Follow Us:

Statements of Net Cost

Table of Contents >

STATEMENTS OF NET COST
For the Years Ended September 30, 2011 and 2010
Net Cost by Goal (Note 14) 2011 2010
GOAL 1: PROTECT THE PUBLIC AND MARKET PARTICIPANTS BY ENSURING MARKET INTEGRITY; PROMOTING TRANSPARENCY, COMPETITION, AND FAIRNESS; AND LOWERING RISK IN THE SYSTEM.
Gross Costs $48,413,277 $43,190,513
Less: Earned Revenue (22,890) (18,301)
NET COST OF OPERATIONS – GOAL ONE $48,390,387 $43,172,212
GOAL 2: PROTECT THE PUBLIC AND MARKET PARTICIPANTS BY ENSURING THE FINANCIAL INTEGRITY OF DERIVATIVES TRANSACTIONS, MITIGATION OF SYSTEMIC RISK, AND THE FITNESS AND SOUNDNESS OF INTERMEDIARIES AND OTHER REGISTRANTS.
Gross Costs $43,722,068 $39,097,798
Less: Earned Revenue (20,672) (16,567)
NET COST OF OPERATIONS – GOAL TWO $43,701,396 $39,081,231
GOAL 3: PROTECT THE PUBLIC AND MARKET PARTICIPANTS THROUGH A ROBUST ENFORCEMENT PROGRAM.
Gross Costs $61,173,365 $54,926,125
Less: Earned Revenue (28,923) (23,274)
NET COST OF OPERATIONS – GOAL THREE $61,144,442 $54,902,851
GOAL 4: ENHANCE INTEGRITY OF U.S. MARKETS BY ENGAGING IN CROSS-BORDER COOPERATION, PROMOTING STRONG INTERNATIONAL REGULATORY STANDARDS, AND ENCOURAGING ONGOING CONVERGENCE OF LAWS AND REGULATION WORLDWIDE.
Gross Costs $8,444,176 $7,492,007
Less: Earned Revenue (3,992) (3,175)
NET COST OF OPERATIONS – GOAL FOUR $8,440,184 $7,488,832
GOAL 5: PROMOTE COMMISSION EXCELLENCE THROUGH EXECUTIVE DIRECTION AND LEADERSHIP, ORGANIZATIONAL AND INDIVIDUAL PERFORMANCE MANAGEMENT, AND EFFECTIVE MANAGEMENT OF RESOURCES.
Gross Costs $25,895,474 $24,834,334
Less: Earned Revenue (12,243) (10,523)
NET COST OF OPERATIONS – GOAL FIVE $25,883,231 $24,823,811

GRAND TOTAL
Gross Costs $187,648,360 $169,540,777
Less: Earned Revenue (88,720) (71,840)
TOTAL NET COST OF OPERATIONS $187,559,640 $169,468,937

The accompanying notes are an integral part of these financial statements.

 

< Previous Page | Table of Contents | Next Page >