[Code of Federal Regulations]

[Title 45, Volume 3]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 45CFR706.12]



[Page 299]

 

                        TITLE 45--PUBLIC WELFARE

 

                 CHAPTER VII--COMMISSION ON CIVIL RIGHTS

 

PART 706_EMPLOYEE RESPONSIBILITIES AND CONDUCT--Table of Contents

 

  Subpart B_Ethical and Other Conduct and Responsibilities of Employees

 

Sec. 706.12  Financial interests.



    (a) Employees shall not:

    (1) Have a direct or indirect financial interest that conflicts 

substantially, or appears to conflict substantially, with their 

Government duties and responsibilities; or

    (2) Engage in, directly or indirectly, a financial transaction as a 

result of, or primarily relying on, information obtained through their 

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 Commission 

regulations.