[Code of Federal Regulations]
[Title 19, Volume 3]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 19CFR200.735-107]

[Page 8]
 
                        TITLE 19--CUSTOMS DUTIES
 
                            TRADE COMMISSION
 
PART 200--EMPLOYEE RESPONSIBILITIES AND CONDUCT--Table of Contents
 
     Subpart B--Provisions Governing Ethical and Other Conduct and 
                      Responsibilities of Employees
 
Sec.  200.735-107  Financial interests.

    (a) An employee shall not:
    (1) Have a direct or indirect financial interest that conflicts 
substantially, or appears to conflict substantially, with his Government 
duties or responsibilities; or
    (2) Engage in, directly or indirectly, a financial transaction as a 
result of, or primarily relying on, information obtained through his 
Government employment.
    (b) This section does not preclude an employee from having a 
financial interest or engaging in financial transactions to the same 
extent as a private citizen not employed by the Government so long as it 
is not prohibited by law, the Executive order, or this part.
    (c) Pursuant to the authority contained in 18 U.S.C. 208(b), the 
following types of financial interests are considered too remote or 
inconsequential to affect a Commission employee's integrity or services 
and do not constitute a conflict of interest under 18 U.S.C. 208(a):
    (1) In widely-held, diversified mutual funds or regulated investment 
companies, regardless of their value; and
    (2) In state or local government bonds, or other noncorporate bonds, 
regardless of their value.

[31 FR 2593, Feb. 10, 1966, as amended at 44 FR 23823, Apr. 23, 1979]