Federal Managers Association
In the News
- OFFICE OF GOVERNMENT ETHICS PROPOSES RULE TO EXCLUDE GS-13 WORKERS AND BELOW FROM DISCLOSING FINANCIAL RECORDS - October 7, 2016
New Rule Would Exclude Non-Manager Feds From Financial Disclosure Requirements
By Eric Katz, Government Executive
Non-managers in General Schedule-13 positions and below -- or in equivalent jobs -- would be exempt from submitting personal financial data under a proposed rule issued by the Office of Government Ethics this week.
The regulation would aim to clarify implementation of the 2012 Stop Trading on Congressional Knowledge (STOCK) Act, which required top senior career federal employees, as well as members of Congress and their staffers, to disclose personal financial information to ensure ethics officials were aware of potential conflicts of interest. While the civil servant portion of the law was aimed at members of the Senior Executive Service and political appointees, certain front-line supervisors and rank-and-file employees could have also been affected.
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