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This report was made pursuant to a request from Representative John E. Moss to audit the effectiveness of the Civil Service Commission's financial disclosure system for heads of agencies, Presidential appointees in the Executive Office of the President who are not subordinate to the head of an agency in that Office, and full-time members of a committee, board, or commission appointed by the President.

The report highlights (1) problem areas in the current financial disclosure system, (2) the new commitment by the Congress and the President to effect changes, (3) our recommendations for improving the system, and (4) categories of financial information which should be reported to detect and resolve possible conflict-of-interest matters.

We did not obtain formal comments from officials of the Civil Service Commission. Instead, we met with them and their comments were considered in the report.

We are sending copies of this report to the President of the United States; the Director, Office of Management and Budget; the Chairman, Civil Service Commission; and other interested parties.

Lewer B. Ateste

Comptroller General

of the United States

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