Prohibited financial interests.

CFR · 2024-01-01 · US · Title 5

(a) (b) (1) A partnership in which the employee or employee's spouse or minor children are general partners; (2) A partnership in which the employee or employee's spouse or minor children individually or jointly hold more than a 10 percent limited partnership interest; (3) A closely held corporation in which the employee or employee's spouse or minor children individually or jointly hold more than a 10 percent equity interest; (4) A trust in which the employee or employee's spouse or minor children have a legal or beneficial interest; (5) An investment club or similar informal investment arrangement between the employee or employee's spouse or minor children and others; or (6) Any other entity in which the employee or employee's spouse or minor children individually or jointly hold more than a 10 percent equity interest. (c) (1) A security for which a waiver has been granted pursuant to § 9001.103; and (2) An interest in a publicly-traded or publicly-available diversified mutual fund or other collective diversified investment fund, including a widely-held pension or other retirement fund if: (i) Neither the employee, the employee's spouse, nor the employee's minor children exercise or have the ability to exercise control over the financial interests held by the fund; and (ii) The fund does not indicate in its prospectus the objective or practice of concentrating its investments in securities of a regulated entity or regulated entities generally, and less than 25 percent of th

official document · source cfr-2024 · id 5:§ 9001.104