5 U.S.C. app. 4 §§ 101-111 establishes the public financial disclosure requirements for senior employees of the executive branch, as well as particular employees of the legislative and judicial branches. The statute also provides the authority for a system of confidential financial disclosure for mid-level employees of the executive branch.
The purpose of public financial disclosure is to promote public confidence in the integrity of Government officials. The law has the dual purpose of:
Executive branch employees who are subject to the public financial disclosure requirements report their information on the OGE Form 278, Public Financial Disclosure Report. Some of the financial interests that the statute requires filers to disclose are:
OGE’s implementing regulation at 5 C.F.R. part 2634 describes in detail the information that must be reported on the OGE Form 278. While some disclosure elements may seem more relevant to avoiding conflicts of interest than others, OGE has no authority to alter the statutory requirements.