Disclosure of Financial Interests

Ethics Guide

OGE Form 450 Determination Memo

STOCK Act Summary for OGE 278e Filers

All DOI employees, including Special Government Employees, are subject to conflict of interest restrictions. Specific DOI employees based on their position are required to file either a public or confidential financial disclosure report. These reports are among the primary tools used by ethics personnel to determine whether employees who are required to file a financial disclosure report are in compliance with the ethics and standards of conduct provisions. Depending on your official position, grade, and employment status, you may be required to file either a public financial disclosure report (OGE Form 278e) or a confidential financial disclosure report (OGE Form 450). (See 5 C.F.R. § 2634)

OGE Form 278e
(Public Financial Disclosure Report)

OGE Form 278e's must be filed by Senate-confirmed Presidential appointees, Senior Executive Service (SES) employees, Senior Level (SL) employees, Professional (ST) employees, Schedule C employees, certain Special Government Employees (SGEs) and Certain Intergovernmental Personnel Act (IPA) employees.  Click here for additional details about filing.

(Confidential Financial Disclosure Report) and OGE OPTIONAL FORM 450-A (Certificate of No New Interests)

OGE Form 450s (and OGE Optional Form 450-As) must be filed by employees whose positions are designated by their office or bureau as requiring confidential financial disclosure reporting using the criteria in 5 C.F.R. § 2634.904, certain Special Government Employees (SGEs), and Intergovernmental Personnel Act (IPA) employees who are not required to file OGE 278s.

Filing Requirements

Compliance with financial disclosure requirements is a condition of employment for employees who are required to file. Employees who fail to file in a timely manner may be subject to disciplinary action up to and including removal from Government service. An employee who willfully falsifies the information on his or her report, willfully omits information, or willfully fails to file his or her report may be subject to civil penalties and/or criminal prosecution by the Department of Justice.

The Stop Trading on Congressional Knowledge (STOCK) Act requires all employees who file public financial disclosure reports (OGE Form 278e) to file periodic Transaction Reports (OGE Form 278T) for transactions over $1,000 in stocks, bonds, and securities by the filer, spouse, or dependent child no later than 30 days after receiving notification of the transaction but in no case later than 45 days after the transaction.  In addition, the STOCK Act requires employees appointed by the President and confirmed by the Senate to report mortgages secured by a personal residence.

If an employee who is required to file an OGE Form 278e or a Periodic Transaction Report required by the STOCK Act files more than 30 days after the statutory deadline (and any extension periods), he or she is subject to a $200 late fee. This is a statutory requirement the Department must enforce. Only in the rarest of cases may a late fee be waived by the Designated Agency Ethics Official.