Comment: http://www.fec.gov/about.shtm

http://www.fec.gov/about.shtml :

"The duties of the FEC, which is an independent regulatory agency, are to disclose campaign finance information, to enforce the provisions of the law such as the limits and prohibitions on contributions, and to oversee the public funding of Presidential elections."

www.fec.gov/info/chthree.htm :

"In addition, local officials and business figures may establish "host committees" to promote the city and its commerce during the convention. These host committees may receive monetary or in-kind donations from local businesses, municipal corporations, government agencies, labor organizations and individuals to further their promotional efforts. The committees must register and file reports with the FEC, disclosing all of their receipts and disbursements. They are also audited by the Commission."

"After the convention, the Commission audits each committee to ensure that public funds were spent in compliance with the law."