The Office of Government Ethics has issued a reminder on the implications for stock ownership of a conflict of interest law, telling agency ethics officials that “employees who own stock in a company should be counseled that they may not participate in a particular matter affecting the company even if there is there is …
Q. How often are PHS funded investigators required to submit a conflict of interest disclosure form to the IRB?
As part of completion of the online disclosure, Investigators are required to certify, at least every four years, completion of all training required by the Investigator’s work on Department of Health and Human Services projects.
Q. Do you have to disclose your mutual funds accounts as a significant financial interest?
Significant Financial Interests does not include (do not disclose): Equity Interests in or income from “passive investments”, such as mutual funds and retirement accounts, so long as the Investigator does not directly control the investment decisions for these investment vehicles.
Q. What types of conflicts of interest must scientists be aware of?
A researcher has a conflict of interest if and only if he/she has personal, financial, professional, political, or legal interests that have a significant chance of interfering with the performance of his/her or ethical or legal duties.
Q. How do you know if a conflict of interest exists?
A conflict of interest exists if the circumstances are reasonably believed (on the basis of past experience and objective evidence) to create a risk that a decision may be unduly influenced by other, secondary interests, and not on whether a particular individual is actually influenced by a secondary interest.
Q. What is conflict of interest avoidance?
During the Term, the Employee shall not engage in any business activity that conflicts with the interests of the Company or his duties under the Agreement.
