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Open Recommendations

Export-Import Bank: Expanded Use of Delinquent Federal Debt Data Could Better Mitigate Credit Risk
GAO-26-108530
Sep 16, 2026
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1 Open Recommendations
Agency Affected Recommendation Status
Export-Import Bank of the United States EXIM's Chief Operating Officer should ensure that the agency develops and implements underwriting procedures to use available resources, including SAM and DNP, to help ensure that loan guarantee transactions are not approved for ineligible participants with delinquent federal debt. (Recommendation 1)
Open
When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information.

Bank Financial Disclosures: Actions Needed to Improve Oversight of Information Provided to Investors
GAO-26-107719
Sep 03, 2026
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2 Open Recommendations
Agency Affected Recommendation Status
United States Securities and Exchange Commission The Chairman of the Securities and Exchange Commission should ensure that the Director of the Division of Corporation Finance provides informal staff guidance, such as through Corporation Finance Interpretations or another public source, on how companies should assess whether breaches of interest rate risk and liquidity risk tolerance levels are material information for investors, particularly during periods of rising interest rates. (Recommendation 1)
Open
When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information.
Congress Congress should consider reassessing the authority for reviewing annual financial disclosures of public banks without holding companies for investor protection purposes. (Matter for Consideration 1)
Open
When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information.

Bank Regulatory Reviews: Action Needed to Better Identify and Address Unnecessary or Unduly Burdensome Requirements
GAO-26-108027
Jul 23, 2026
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6 Open Recommendations
Agency Affected Recommendation Status
Federal Reserve System The Chair of the Board of Governors of the Federal Reserve System should complete the development and implementation of documented procedures for identifying outdated, unnecessary, or unduly burdensome regulations and taking action to address them during the EGRPRA review. (Recommendation 1)
Open
When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information.
Federal Reserve System The Chair of the Board of Governors of the Federal Reserve System should incorporate into the agency's EGRPRA review, to the extent practicable, (1) a framework for prioritizing rules for retrospective analysis; (2) cost-benefit analysis; and (3) an assessment of cumulative regulatory burden, where feasible. (Recommendation 2)
Open
When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information.
Federal Deposit Insurance Corporation The Chairman of FDIC should complete the development and implementation of documented procedures for identifying outdated, unnecessary, or unduly burdensome regulations and taking action to address them during the EGRPRA review. (Recommendation 3)
Open
When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information.
Federal Deposit Insurance Corporation The Chairman of FDIC should incorporate into the agency's EGRPRA review, to the extent practicable, (1) a framework for prioritizing rules for retrospective analysis; (2) cost-benefit analysis; and (3) an assessment of cumulative regulatory burden, where feasible. (Recommendation 4)
Open
When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information.
Office of the Comptroller of the Currency The Comptroller of the Currency should develop and implement documented procedures for identifying outdated, unnecessary, or unduly burdensome regulations and taking action to address them during the EGRPRA review. (Recommendation 5)
Open
When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information.
Office of the Comptroller of the Currency The Comptroller of the Currency should incorporate into the agency's EGRPRA review, to the extent practicable, (1) a framework for prioritizing rules for retrospective analysis; (2) cost-benefit analysis; and (3) an assessment of cumulative regulatory burden, where feasible. (Recommendation 6)
Open
When we confirm what actions the agency has taken in response to this recommendation, we will provide updated information.

Securities and Exchange Commission: Updating Assessments of Staff Procedures Could Improve Key Agency Operations
GAO-26-107823
Mar 27, 2026
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3 Open Recommendations
Agency Affected Recommendation Status
United States Securities and Exchange Commission The Chairman of SEC should ensure that the Directors of the Division of Enforcement and Office of Credit Ratings update their respective written plans for assessing staff procedures to include all recommended elements of the Reference Guide for Compliance with Section 961 of the Dodd-Frank Act. (Recommendation 4)
Open
SEC agreed with the recommendation, and we will continue to monitor its implementation efforts.
United States Securities and Exchange Commission The Chairman of SEC should ensure that the Directors of the Division of Enforcement, Division of Corporation Finance, and Office of Credit Ratings update their written plans for assessing staff procedures to include an evaluation of their respective staff procedure development frameworks. (Recommendation 5)
Open
SEC agreed with the recommendation, and we will continue to monitor its implementation efforts.
United States Securities and Exchange Commission The Chairman of SEC should ensure that the Directors of the Division of Enforcement, Division of Corporation Finance, and Office of Credit Ratings evaluate their respective staff procedure development frameworks for the section 961 assessment. (Recommendation 6)
Open
SEC agreed with the recommendation, and we will continue to monitor its implementation efforts.
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