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The JARED Act requires federal government representatives engaging in diplomatic activities with foreign governments to obtain security clearances after background investigations, file annual financial disclosures with the Office of Government Ethics, and prohibits them from negotiating agreements that directly benefit themselves or related parties. The bill establishes quarterly public reporting of disclosures and violations, with penalties including removal from diplomatic roles, security clearance revocation, and potential criminal prosecution for knowingly violating the conflict-of-interest prohibition.
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