[Code of Federal Regulations]
[Title 5, Volume 3]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 5CFR2635.401]

[Page 563-564]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
                CHAPTER XVI--OFFICE OF GOVERNMENT ETHICS
 
PART 2635_STANDARDS OF ETHICAL CONDUCT FOR EMPLOYEES OF THE EXECUTIVE BRANCH--
 
                Subpart D_Conflicting Financial Interests
 
Sec.  2635.401  Overview.


    This subpart contains two provisions relating to financial 
interests. One is a disqualification requirement and the other is a 
prohibition on acquiring or

[[Page 564]]

continuing to hold specific financial interests. An employee may acquire 
or hold any financial interest not prohibited by Sec.  2635.403. 
Notwithstanding that his acquisition or holding of a particular interest 
is proper, an employee is prohibited in accordance with Sec.  2635.402 
of this subpart from participating in an official capacity in any 
particular matter in which, to his knowledge, he or any person whose 
interests are imputed to him has a financial interest, if the particular 
matter will have a direct and predictable effect on that interest. See 
also part 2640 of this chapter, for additional guidance amplifying Sec.  
2635.402.

[57 FR 35042, Aug. 7, 1992, as amended at 62 FR 48747, Sept. 17, 1997]