# 18 CFR § 706.204: Financial interests

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-18-706.204

## Section

- **Citation:** 18 CFR § 706.204
- **Heading:** Financial interests
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 18—Conservation of Power and Water Resources > CHAPTER VI—WATER RESOURCES COUNCIL > PART 706—EMPLOYEE RESPONSIBILITIES AND CONDUCT > Subpart B—Conduct and Responsibilities of Employees

## Text

(a) An employee shall not:
(1) Have a direct or indirect financial interest that conflicts substantially, or appears to conflict substantially, with his 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 his 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, Executive Order 11222, as amended, 5 CFR part 735, or this part.

## Nearby sections

- [18 CFR § 706.101 § 706.101 Purpose.](https://www.frixlaw.com/law-library/statutes/ecfr-18-706.101.md)
- [18 CFR § 706.102 § 706.102 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-18-706.102.md)
- [18 CFR § 706.103 § 706.103 Remedial action.](https://www.frixlaw.com/law-library/statutes/ecfr-18-706.103.md)
- [18 CFR § 706.104 § 706.104 Interpretation and advisory service.](https://www.frixlaw.com/law-library/statutes/ecfr-18-706.104.md)
- [18 CFR § 706.201 § 706.201 Proscribed actions.](https://www.frixlaw.com/law-library/statutes/ecfr-18-706.201.md)
- [18 CFR § 706.202 § 706.202 Gifts, entertainment, and favors.](https://www.frixlaw.com/law-library/statutes/ecfr-18-706.202.md)
- [18 CFR § 706.203 § 706.203 Outside employment and activity.](https://www.frixlaw.com/law-library/statutes/ecfr-18-706.203.md)
- [18 CFR § 706.204 § 706.204 Financial interests.](https://www.frixlaw.com/law-library/statutes/ecfr-18-706.204.md)
- [18 CFR § 706.205 § 706.205 Misuse of information.](https://www.frixlaw.com/law-library/statutes/ecfr-18-706.205.md)
- [18 CFR § 706.206 § 706.206 Support of Council programs.](https://www.frixlaw.com/law-library/statutes/ecfr-18-706.206.md)
- [18 CFR § 706.207 § 706.207 Use of Government property.](https://www.frixlaw.com/law-library/statutes/ecfr-18-706.207.md)
- [18 CFR § 706.208 § 706.208 Indebtedness.](https://www.frixlaw.com/law-library/statutes/ecfr-18-706.208.md)
- [18 CFR § 706.209 § 706.209 Gambling, betting, and lotteries.](https://www.frixlaw.com/law-library/statutes/ecfr-18-706.209.md)
- [18 CFR § 706.210 § 706.210 Coercion.](https://www.frixlaw.com/law-library/statutes/ecfr-18-706.210.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-18-706.204. Check the current official text before relying on it. Not legal advice.