SEC:
EDGAR Update
IMTEC-93-19R: Published: Feb 1, 1993. Publicly Released: Feb 1, 1993.
Additional Materials:
- Full Report:
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Pursuant to a congressional request, GAO reviewed the Securities and Exchange Commission's (SEC) management of its Electronic Data Gathering, Analysis, and Retrieval System (EDGAR) project, focusing on SEC acceptance of a partially complete requirements document and increase in system requirements and cost. GAO found that: (1) SEC justification for accepting an incomplete requirements document and adding new requirements was not reasonable, since SEC had the results of a pilot program which proved the feasibility of a system such as EDGAR; (2) SEC did not effectively prioritize or control the growth of system requirements; (3) SEC did not state the probable final contract cost, but estimated that the contract cost could be $78.3 million by 1997; (4) contrary to its assertion, SEC did not maintain adequate top management oversight of EDGAR; (5) although SEC indicated that it had implemented a GAO recommendation to modify an oversight board so that it incorporated characteristics of a top management steering committee, it did not provide any specific details on the board's oversight accomplishments; and (6) SEC should continue to report on EDGAR progress to Congress every 6 months, since the system is not fully developed.
Jan 28, 2021
Macroprudential Oversight:
Principles for Evaluating Policies to Assess and Mitigate Risks to Financial System StabilityGAO-21-230SP: Published: Jan 28, 2021. Publicly Released: Jan 28, 2021.
Dec 16, 2020
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Financial Stability:
Agencies Have Not Found Leveraged Lending to Significantly Threaten Stability but Remain Cautious Amid PandemicGAO-21-167: Published: Dec 16, 2020. Publicly Released: Dec 16, 2020.
Dec 10, 2020
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Federal Reserve Lending Programs:
Use of CARES Act-Supported Programs Has Been Limited and Flow of Credit Has Generally ImprovedGAO-21-180: Published: Dec 10, 2020. Publicly Released: Dec 10, 2020. -
Financial Assistance:
Lessons Learned from CARES Act Loan Program for Aviation and Other Eligible BusinessesGAO-21-198: Published: Dec 10, 2020. Publicly Released: Dec 10, 2020.
Sep 22, 2020
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Anti-Money Laundering:
Opportunities Exist to Increase Law Enforcement Use of Bank Secrecy Act Reports, and Banks' Costs to Comply with the Act VariedGAO-20-574: Published: Sep 22, 2020. Publicly Released: Sep 22, 2020.
Sep 4, 2020
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Bank Supervision:
FDIC Could Better Address Regulatory Capture RisksGAO-20-519: Published: Sep 4, 2020. Publicly Released: Sep 4, 2020.
Jul 21, 2020
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Financial Company Bankruptcies:
Congress and Regulators Have Updated Resolution Planning RequirementsGAO-20-608R: Published: Jul 21, 2020. Publicly Released: Jul 21, 2020.
Jul 6, 2020
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Public Companies:
Disclosure of Environmental, Social, and Governance Factors and Options to Enhance ThemGAO-20-530: Published: Jul 2, 2020. Publicly Released: Jul 6, 2020.
Apr 30, 2020
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Priority Open Recommendations:
Department of the TreasuryGAO-20-549PR: Published: Apr 23, 2020. Publicly Released: Apr 30, 2020.
Apr 27, 2020
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Priority Open Recommendations:
Board of Governors of the Federal Reserve SystemGAO-20-499PR: Published: Apr 20, 2020. Publicly Released: Apr 27, 2020.
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