Actions Needed To Improve the Federal Communications Commission's Financial Disclosure System

FPCD-76-51: Published: Dec 21, 1976. Publicly Released: Dec 21, 1976.

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Improvements that are needed in the Federal Communications Commission's (FCC) financial disclosure system were discussed in accordance with standards of ethical conduct for government officials.

Several weaknesses were found in the present system. Criteria for identifying positions requiring disclosure were too general. Procedures for collection, processing, and follow-up of statements were inadequate. FCC interpretation of regulations allowed family members to have holdings that would be prohibited if held directly. GAO felt that this practice could result in conflicts of interest.

Matter for Congressional Consideration

  1. Status: Closed

    Comments: Please call 202/512-6100 for additional information.

    Matter: Congress should enact amendments to apply prohibition only to companies significantly regulated by FCC and to include constructive as well as direct interests of employees.

Recommendation for Executive Action

  1. Status: Closed

    Comments: Please call 202/512-6100 for additional information.

    Recommendation: The Chairman, FCC, should develop adequate criteria and procedures for identifying positions requiring disclosure, for prompt collection of statements, and adequate followup. The Chairman should develop procedures to enable supervisors to verify employee actions in disqualifying themselves from matters related to their holdings.

    Agency Affected:


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