[Code of Federal Regulations]
[Title 5, Volume 3]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 5CFR2635.401]

[Page 548]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
                CHAPTER XVI--OFFICE OF GOVERNMENT ETHICS
 
PART 2635--STANDARDS OF ETHICAL CONDUCT FOR EMPLOYEES OF THE EXECUTIVE 
BRANCH--Table of Contents
 
               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 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]