---
kind: "section"
citation: "34 C.F.R. § 73.2"
title: "34"
number: "73.2"
heading: "Conflict of interest waiver."
url: "https://uscodex.org/cfr/34/73.2"
---

# §73.2. Conflict of interest waiver.


If a financial interest arises from ownership by an employee—or other person or enterprise referred to in [5 CFR 2635.402(b)(2)](/cfr/5/2635.402.md?p=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)](/cfr/5/2635.402.md?p=a).


## Notes

### Authority

Authority: 5 U.S.C. 301, 7301; 18 U.S.C. 208; and E.O. 12674, 3 CFR, 1989 Comp., p. 215, as modified by E.O. 12731, 3 CFR, 1990 Comp., p. 306.

### Source

Source: 60 FR 5818, Jan. 30, 1995, unless otherwise noted.