Problems Found in the Financial Disclosure System for Department of Commerce Employees

The special relationship between the Department of Commerce and the Nation's business community calls for unusual attention by Commerce in maintaining a financial disclosure system which will insure that employee financial holdings are effectively reviewed so that the employee, the agency, and the public are protected. Pursuant to a congressional request, GAO reviewed the effectiveness of the financial disclosure system at Commerce, financial interests reported by its employees, and whether other Commerce officials should be filing financial disclosure statements.