C.F.R. » Title 34 » PART 73—STANDARDS OF CONDUCT

34 C.F.R. § 73.2

Conflict of interest waiver

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If a financial interest arises from ownership by an employee—or other person or enterprise referred to in 5 CFR 2635.402(b)(2)—of stock in a widely diversified mutual fund or other regulated investment company that in turn owns stock in another enterprise, that financial interest is exempt from the prohibition in 5 CFR 2635.402(a).