Prohibited financial interests.

CFR · 2024-01-01 · US · Title 5

(a) (b) (c) (1) Investing in a publicly traded or publicly available investment fund which, in its prospectus, does not indicate the objective or practice of concentrating its investments in the securities of System institutions or related entities, and the employee neither exercises control over nor has the ability to exercise control over the financial interests held in the fund; (2) Having a legal or beneficial interest in a qualified profit sharing, retirement, or similar plan, provided that the plan does not invest more than 25 percent of its funds in securities of System institutions or related entities, and the employee neither exercises control over nor has the ability to exercise control over the financial interests held in the plan; (3) Owning securities of System institutions held as a result of pre-existing credit, as specified in § 4101.104(b); or (4) Owning any security pursuant to a waiver granted under § 4101.109.

official document · source cfr-2024 · id 5:§ 4101.103