FISCAL YEAR 2024 AGENCY FINANCIAL REPORT: Protecting Investors for 90 Years.

The GAO report on the SEC's financial statements for fiscal years 2024 and 2023 confirms their accuracy and effectiveness of internal controls. The SEC's activities in FY 2024 included enforcement actions, examinations, and audit recommendations, surpassing many targets. The SEC's financial statements adhere to GAAP and the Budget and Accounting Act of 1921, reflecting its custodial activity, use of estimates, imputed financing, and lease accounting. The SEC's role in overseeing securities laws is crucial for the country's economic success and global position. [Extracted from the article]