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![handle is hein.gao/gaobadxvu0001 and id is 1 raw text is:
DCCUMENT RESUME
03532 - [A2573708]
Financial Disclosure Legislaticn. September 9, 1977. 10 pp.
Testimony before the House Committee on the Judiciary:
Administrative Law and Governmental Relations Subcommittee; by
Robert F. Reller, Deputy Ccmptrcller General.
Issue Area: Perscnnel Management and Compensation: Employee
Conflicts of Interest (301).
Contact: office of the Comptroller General.
Budget Function: General Government: Central Personnel
Management (805).
Ozganizaticn Concerned: Civil Service Commission.
Congressional Relevance: House Committee on the Judiciary:
Administrative Law and Governmental Relations Subcommittee.
Authority: !thics in Government Act of 1977; H.R. 6954 (95th
Cong.). legislative Branch Disclosure Act, H.R. 7401 (95th
Cong.). Privacy Act of 1974. Freedom of Information Act.
H.R. 1 (95th Cong.). H.R. 9 (95th Cong.). H.R. 3249 '95th
Cong.). Executive Order 11222, sec. 401.
During the past 3 years, GAO has issued 23 reports
concerning Federal agency financial disclosure systems. These
reports have reve aled serious weaknesses in these systems.. due,
in part, to a lack of enforcement authority and effective
monitoring. As a result of these reviews, GAO recommended that
the President establish an executive branch office of ethics
with strong enforcement , owers. Among its responsibilities, the
Office of Ethics should: issue uniform and clearly stated
ethical standards of conduct and financial disclosure
regulations; develop financial disclostire forms so that all
relevant inforration is obtained concerning employee interests
needeP to enforce conflict-of-interest matters; make periodic
auditb of tie effectiveness of agency financial disclosure
systems on a sample basis to see that they include appropriate
procedures for ccllecting and reviewing statements and followup
procedures to preclude conflicts of intercst; establish a formal
advisory service to render opinions on matters of ethical
corduct so that all agencies are advised of such opinions;
provide criteria for positions requiring disclosure statements;
admitister the financia) disclosure Fystem for Presidential
appointees under section 401 of Ixecutive Order 11222; report
annually to the President anO the Congress on the effectiveness
of the ethics program; and investigAte and resolve ethical
conduct matters dnrecolved at the agency level. (SC)](ViewImageLocal?handle=hein.gao/gaobadxvu0001&div=1&collection=&method=preview&ext=.png&size=3)