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This report assesses the major rules by the Securities and Exchange Commission regarding registration and disclosure forms for open-end management investment companies, addressing procedural compliance
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Our Authority The Budget and Accounting Act of 1921 formed GAO to investigate all matters related to the use of public funds. The act also requires us to report on our findings and recommend ways to increase economy and efficiency in government spending.
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What GAO Found. Generative artificial intelligence (AI) could revolutionize entire industries. In the nearer term, it may dramatically increase productivity and transform daily tasks in many sectors. However, both its benefits and risks, including its environmental and human effects, are unknown or unclear.
CBO and OMB are intimately involved in the development and analysis of the Federal and Defense budgets, and GAO is responsible for monitoring federal (and defense) expenditures.
The institute's analysis of U.S. Census data found that 82 percent of prekindergarten to 5th grade English-learners and 65 percent of 6th and 12th grade English-learners are U.S.-born. The data included children ages 5 to 17 who live with at least one parent.
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