This report details the Office of Inspector General’s final report detailing the results of a review of the SEC’s oversight of and compliance with the conditions and representations related to exemptive orders and no-action letters. Section 965 of The Dodd-Frank Wall Street Reform and Consumer Protection Act 2010 requires the Divisions of Investment Management and Trading and Markets of the Securities and Exchange Commission (“SEC”) to include examiners on their staffs to provide these Divisions with expertise in inspections and regulations of those Divisions. The report makes five recommendations that are intended to enhance the SEC’s oversight of compliance with conditions and representations in exemptive orders and no-action letters.