It sounds as if the OIG is obligated to at least review any allegations against the SEC. The email we sent asks why the SEC is not using the rules it has at its disposal to protect retail investors. 

Dear Ms. Smith,

Thank you for contacting the U.S. Securities and Exchange Commission (SEC) Office of Inspector General (OIG).  We received your email.  We will evaluate the information provided and take appropriate action.  Options include opening an OIG review (audit, evaluation or investigation); referring the matter to a SEC Division or Office for review, if warranted; or taking no action (allegations that do not involve a potential violation of law, rule, regulation, or policy as well as allegations with limited specificity or merit may be closed with no further action).  In this regard, please note the following:

The OIG is an independent office within the SEC that primarily audits internal SEC operations and investigates alleged SEC staff misconduct.  The OIG derives its authority from the Inspector General Act of 1978, as amended.  In accordance with that statute, the OIG cannot perform SEC operating responsibilities, such as investigation of alleged securities law violations.
The OIG only has the authority to address allegations or complaints that relate to SEC programs, operations, and personnel.
The OIG has no authority to direct the SEC to take action with regard to SEC operations, such as (1) change its policies, (2) commence or conclude any particular investigation, (3) implement new securities rules for market participants, or (4) initiate administrative disciplinary action.
Due to privacy interests we do not provide complainants with updates on, or the results of, a complaint or investigative matter. 
General questions about the Federal securities laws can be directed to the SEC’s Office of Investor Education and Advocacy at help@sec.gov or 202-551-6500 or 1-800-732-0330.
Allegations of Federal securities law violations should be reported using the online Web form located at www.sec.gov/tcr  Tips, Complaints, and Referral Filing Guidance is available at www.sec.gov/complaint/info  [Note: SEC investigations are conducted confidentially.  As a result, the SEC generally will not confirm or deny the existence of an investigation unless and until it becomes a matter of public record.  www.sec.gov/answers/investg.htm
 

Respectfully,

The Office of Inspector General

U.S. Securities and Exchange Commission

100 F Street, NE, Washington, DC  20549-2977

oig@sec.gov