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December 12, 2006DO-06-036
Designated Agency Ethics Officials and Inspectors General
Robert I. CusickDirector
Revised Confidential Financial Disclosure Regulation and OGE Form 450
On May 16, 2006, the Office of Government Ethics (OGE) published the final confidential financial disclosure rule for the executive branch. See 71 Federal Register 28229-28239, available under "Laws & Regulations" on OGE's web site at www.usoge.gov. The new regulation will go into effect on January 1, 2007. OGE has posted on its web site under "Forms, Publications & Other Ethics Documents" the new OGE Form 450, which reflects the changes in the regulation. For a detailed discussion of the changes to the form, see the second round paperwork notice at 71 Federal Register 54081-54086, available under "Laws & Regulations" on OGE's web site. In this DAEOgram, we summarize the major changes to the regulation and the form, and provide information about how employees can get additional help in filling out the new OGE Form 450.
All agencies must begin using the new form for both annual and new entrant filers on January 1, 2007. Although at one point in the project we had decided to allow electronic filing and storage of the OGE Form 450, we have now decided to delay implementation of that project pending our pursuit of other options. For the 2007 filing cycle, filers must submit, and ethics offices must keep, paper copies of the OGE Form 450, unless the agency is participating in an OGE-approved electronic filing pilot project.
Changes to the Regulation
The following is a summary of the most significant changes to the regulation:
Changes to the Form
The following are the most significant changes to the OGE Form 450:
Additional Information for Employees
OGE has created an online course ("Completing the OGE Form 450") to help filers with the form. This course, designed for both experienced and new filers, can be completed in approximately 15-20 minutes and can be taken as often as desired. The course may be found on OGE's website under Computer and Web-based Training":
http://www.usoge.gov/pages/comp_web_trng/cwt_modules/oge450_wbt_06/homepage.htmlThe online training also contains a link to some Frequently Asked Questions (FAQs) that address some of the OGE Form 450 filers' more common issues. These FAQs can also be accessed directly at www.usoge.gov under http://www.usoge.gov/pages/financial_disclosure/oge_450_faqs.html. We expect to keep updating this section as more questions come to our attention.