# 5 CFR § 2640.204: Prohibited financial interests

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-5-2640.204

## Section

- **Citation:** 5 CFR § 2640.204
- **Heading:** Prohibited financial interests
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 5—Administrative Personnel > CHAPTER XVI—OFFICE OF GOVERNMENT ETHICS > SUBCHAPTER B—GOVERNMENT ETHICS > PART 2640—INTERPRETATION, EXEMPTIONS AND WAIVER GUIDANCE CONCERNING 18 U.S.C. 208 (ACTS AFFECTING A PERSONAL FINANCIAL INTEREST) > Subpart B—Exemptions Pursuant to 18 U.S.C. 208(b)(2)

## Text

None of the exemptions set forth in §§ 2640.201, 2640.202, or 2640.203 apply to any financial interest held or acquired by an employee, his spouse, or minor child in violation of a statute or agency supplemental regulation issued in accordance with 5 CFR 2635.105, or that is otherwise prohibited under 5 CFR 2635.403(b).
Example 1 to § 2640.204:The Office of the Comptroller of the Currency (OCC), in a regulation that supplements part 2635 of this chapter, prohibits certain employees from owning stock in commercial banks. If an OCC employee purchases stock valued at $2,000 in contravention of the regulation, the exemption at § 2640.202(a) for interests arising from the ownership of no more than $15,000 worth of publicly traded stock will not apply to the employee's participation in matters affecting the bank.
[61 FR 66841, Dec. 18, 1996, as amended at 67 FR 12446, Mar. 19, 2002]

## Nearby sections

- [5 CFR § 2640.101 § 2640.101 Purpose.](https://www.frixlaw.com/law-library/statutes/ecfr-5-2640.101.md)
- [5 CFR § 2640.102 § 2640.102 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-5-2640.102.md)
- [5 CFR § 2640.103 § 2640.103 Prohibition.](https://www.frixlaw.com/law-library/statutes/ecfr-5-2640.103.md)
- [5 CFR § 2640.201 § 2640.201 Exemptions for interests in mutual funds, unit investment trusts, and employee benefit plans.](https://www.frixlaw.com/law-library/statutes/ecfr-5-2640.201.md)
- [5 CFR § 2640.202 § 2640.202 Exemptions for interests in securities.](https://www.frixlaw.com/law-library/statutes/ecfr-5-2640.202.md)
- [5 CFR § 2640.203 § 2640.203 Miscellaneous exemptions.](https://www.frixlaw.com/law-library/statutes/ecfr-5-2640.203.md)
- [5 CFR § 2640.204 § 2640.204 Prohibited financial interests.](https://www.frixlaw.com/law-library/statutes/ecfr-5-2640.204.md)
- [5 CFR § 2640.205 § 2640.205 Employee responsibility.](https://www.frixlaw.com/law-library/statutes/ecfr-5-2640.205.md)
- [5 CFR § 2640.206 § 2640.206 Existing agency exemptions.](https://www.frixlaw.com/law-library/statutes/ecfr-5-2640.206.md)
- [5 CFR § 2640.301 § 2640.301 Waivers issued pursuant to 18 U.S.C. 208(b)(1).](https://www.frixlaw.com/law-library/statutes/ecfr-5-2640.301.md)
- [5 CFR § 2640.302 § 2640.302 Waivers issued pursuant to 18 U.S.C. 208(b)(3).](https://www.frixlaw.com/law-library/statutes/ecfr-5-2640.302.md)
- [5 CFR § 2640.303 § 2640.303 Consultation and notification regarding waivers.](https://www.frixlaw.com/law-library/statutes/ecfr-5-2640.303.md)
- [5 CFR § 2640.304 § 2640.304 Public availability of agency waivers.](https://www.frixlaw.com/law-library/statutes/ecfr-5-2640.304.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-5-2640.204. Check the current official text before relying on it. Not legal advice.