The committee uses Fox’s Confirmation.com software to obtain FCM account statements and balances from third parties (banks and depositories), support the performance of regulatory audits, verify SIDRs, and review daily FCM segregation reports for accuracy. None of this would have been practical using traditional, paper-based audit processes. And according to a conversation between the lead author of this article and Brian Fox, Confirmation.com is being updated with additional tools to help regulators prevent future abuses of the system